El-Erian on the Markets 3.15.10
Airtime: Mon. Mar. 15 2010 |
Mohamed El-Erian, of Pimco, discusses the “new normal” and what’s next for the markets.
Airtime: Mon. Mar. 15 2010 |
Mohamed El-Erian, of Pimco, discusses the “new normal” and what’s next for the markets.
If we don’t strengthen the ECB and European Commission, we should dismantle the euro, Carlos Gutierrez, former commerce secretary and former Kellogg CEO, said Thursday. “We’re at an inflection point,” he said. “The whole concept of the euro is being tested.”
As European governments promised they will take steps to reduce gaping budget deficits, famous investor Jim Rogers told CNBC he bought the single European currency. Luca Silipo from Natixis and David Kotok from Cumberland Advisors joined the discussion.
Economic Analysis: Jobless Claims
Mohamed El-Erian, CEO of Pimco, and Dick Berner, chief US economist at Morgan Stanley, debate whether we’re experiencing an economic soft patch or double dip.
“Going Green” was a major theme at Shanghai 2010 Expo. Cheng Lei explores how green technology played an integral role at the event.
UK GDP growth data came in stronger than expected for the second quarter. “This is probably as good as it gets for a while, the outlook is quite tough,” Kevin Grice from Capital Economics told CNBC Friday.