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.

The fight is now between Republicans and their deficit-cutting policy and the Fed and its stimulus policy, reports CNBC’s Eamon Javers.

A gradual appreciation of the yuan will be very good for companies exporting to China, says Jim McCaughan, CEO of Principal Global Investors. He assesses the impact of a stronger yuan, with CNBC’s Martin Soong, Karen Tso & Sri Jegarajah.

“The balance sheets of banks are just as bad as they were” two years ago when the crisis began and “the quality of the risks hasn’t improved,” Nassim Taleb, professor and author of the bestselling book “The Black Swan,” told CNBC on Thursday.

Gold is rapidly approaching the $1,300 mark, and James DiGeorgia, publisher of the “Gold & Energy Advisor,” says this is just the beginning of the bullion breakout.

Economic Analysis: Jobless Claims

Blackrock’s Doll: Abating Market Ambiguities. Insight on where the markets are headed, with Robert Doll, BlackRock vice chairman.