El-Erian on Fed's "New Normal"
Airtime: Tues. Aug. 10 2010 | 8:45 AM ET
Mohamed El-Erian, CEO and and co-CIO of Pimco, discusses the Fed’s “new normal” with CNBC.
Airtime: Tues. Aug. 10 2010 | 8:45 AM ET
Mohamed El-Erian, CEO and and co-CIO of Pimco, discusses the Fed’s “new normal” with CNBC.
Insight on the economy, with Ken Langone, president of Invemed Associates and co-founder of Home Depot.
Retailers may be on the shopping list for private equity firms, with Brian Sozzi, Wall Street Strategies research analyst.
Japan has revised downwards its Q4 GDP growth to 0.9%. Frederic Neumann, senior Asian economist at HSBC, tells CNBC’s Martin Soong & Karen Tso that this revision adds pressure on the BOJ to extend its easy monetary policy.
Why potential upside is large and downside is relatively small, with David Tepper, president & founder of Appaloosa Management.
Former Fed Chairman & current head of the President’s Economic Advisory Panel Paul Volcker gives his opening statement to a House Financial Services Committee hearing on the link between bank supervision and monetary policy.
Home Prices Slip. Why a drop in housing prices was expected, but not this early, with CNBC’s Diana Olick; Shari Olefson, real estate attorney; and Alex Charfen, Distressed Property Institute CEO.