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.
Toyota announced a fix for about 2.4 million of its 8 most popular models involved in a safety recall and sales and production suspension. Jim Lentz, president of Toyota U.S.A., discusses the fix with CNBC’s Phil LeBeau.
ECB Chief Jean-Claude Trichet has a tough decision when it comes to quantitative easing because “who wants to be caught long sovereign debt,” Andy Hartwill from Quasar told CNBC Thursday.
Resistance to Basel III reforms is misplaced and creating a more resilient global system of regulation was crucial, European Central Bank President Jean-Claude Trichet told CNBC.
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
Gold has reached record highs in recent weeks, but it will continue to go much higher in price, Ben Davies, CEO, Hinde Capital said. Davies said he views gold, not as a commodity, but as a cash supplement. Less developed countries will buy gold to increase reserves, he added.
Taking a look at some bearish euro-zone trades, with Mark Dowding, DB Advisors-Europe.