Economists & the Obama-conomy
Economists weigh in on President Obama’s economic and health care policies, with CNBC’s Steve Liesman.
Economists weigh in on President Obama’s economic and health care policies, with CNBC’s Steve Liesman.
A look ahead of where the economy is headed, with Joe Battipaglia, Stifel Nicolaus; Mark Perry, AEI Visiting Scholar and Michael Darda, MKM Partners.
Phillip Deans, professor of international relations at Temple University of Japan, says U.S.-Japan ties are strong and are unlikely to change under prime minister Naoto Kan. He also discusses Japan’s new cabinet line-up, with CNBC’s Oriel Morrison.
The uncertainty of the econoic recovery in Europe and the States has created some to worry about a double-dip, with Mark Mobius, Templeton Asset Mgmt.
The ISM Manufacturing Index slipped to 59.7 in May from 60.4 in April, and construction spending jumped 2.7% in April. CNBC’s Steve Liesman parses the data.
French and German banks are still the most exposed to debt-ridden euro zone countries, according to data from the Bank of International Settlements. Arturo De Frias from Evolution Securities has analysis Monday.
“There is some sentiment here in the US that the US will have to pick up part of the tab to bail out Europe as well, because of the IMF,” Rep. Scott Garrett, (R) New Jersey, told CNBC Monday.