Fast Money: 1-on-1 With Hedge Fund Legend Jim Simons
Airtime: Mon. Sept. 13 2010 | 12:55 PM ET
Hedge fund legend Jim Simons, founder of Renaissance Technologies, shares his market and economic outlook with CNBC’s Melissa Lee.
Airtime: Mon. Sept. 13 2010 | 12:55 PM ET
Hedge fund legend Jim Simons, founder of Renaissance Technologies, shares his market and economic outlook with CNBC’s Melissa Lee.
Treasury Secretary Timothy Geithner gives his opening statement on the public policy issues raised by the Lehman Brothers Bankruptcy Examiner report.
“The big risk is that there will be a downturn in markets that could impact the bond, the equity and the credit markets,” Nouriel Roubini, chairman of RGEMonitor.com, told CNBC when discussing the economic outlook Friday.
“The Bailout Boys” is an animated video featuring former US Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke.
US unemployment claims fell last week, suggesting the battered labor market is recovering but only slowly, the Labor Department said on Thursday. Jim Iuorio, of TJM Institutional Investors; Jerry Webman, of Oppenheimer Funds; Andrew Ross Sorkin, of the NY Times; and CNBC’s Steve Liesma discuss.
China’s domestic market has become very strong, notes Allan Zeman, chairman of Lan Kwai Fong Holdings, prompting him to set up a similar entertainment strip in Chengdu, as well as a mall in Guangzhou. He sheds light on the changing face of the Chinese consumer, with CNBC’s Bernard Lo & Karen Tso.
James Surowiecki speaks with Michael Mauboussin, the Chief Investment Strategist at Legg Mason Capital Management and the author of “Think Twice: Harnessing the Power of Counterintuition,” about common investment mistakes, how to improve decision-making, and what investors can learn from the recent stock-market woes.