Econ Analysis: Personal Income & Spending
Airtime: Mon. Mar. 29 2010 |
The CNBC news team parses today’s economic data. Ken Langone, CEO of Invemed, shares his insight and tells CNBC he sees a jobless recovery ahead of us.
Airtime: Mon. Mar. 29 2010 |
The CNBC news team parses today’s economic data. Ken Langone, CEO of Invemed, shares his insight and tells CNBC he sees a jobless recovery ahead of us.
Jack Welch, author and former CEO of General Electric, discusses the debt threat in Greece and more with CNBC.
Finding a silver lining in the latest S&P/Case-Shiller results, with David Blitzer, Standard & Poor’s S&P 500 Index Committee.
Tom Ward, CEO of SandRidge, discusses the future of oil with the Fast Money crew.
Insight on what the FOMC decision signals for the economy and markets, with Bill Gross, PIMCO, Ken Volpert, Vanguard Principal; David Kelly, JPMorgan Funds; and CNBC’s Steve Liesman & Rick Santelli.
President Barack Obama discusses his plans to allow oil and natural gas exploration in the U.S. to reduce U.S. dependence on foreign oil.
Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.