Econ Analysis: Durable Goods, Jobless Claims 2.25.10
Airtime: Thurs. Feb. 25 2010 |
Durable goods rose more than expected, up 3%, and jobless claims rose by 22,000 to 496,000.
Airtime: Thurs. Feb. 25 2010 |
Durable goods rose more than expected, up 3%, and jobless claims rose by 22,000 to 496,000.
The environment for a cyclical bull market is in place, says Ajay Kapur, head of equity strategy, Asia at Deutsche Bank. However, he tells CNBC’s Martin Soong and Bernard Lo that this is risky entry point for investors.
Tom O’Brien, editor of The Gold Report, expects a $200 pullback in gold, and Brian Hicks, of US Global Investors, thinks the commodity could soar to $1,500. They go head-to-head on CNBC.
When a government gets formed in Australia, Peter Costello, former Australian treasurer, says the practicalities of making laws will become exceptionally difficult. He tells CNBC’s Bernard Lo & Matthew Taylor that this will be a time of “weaker government”.
President Barack Obama discusses a small business jobs bill.
Could Pandora open a can of worms for Sirius XM? Rob Cox, of Reuters Breakingviews, and “The Strategy Session” hosts discuss.
Discussing whether the recession is headed for a double-dip, with Nouriel Roubini, Roubini Global Economics chairman.