Fed Fight
Airtime: Tues. Aug. 24 2010 | 9:46 AM ET
Insight on the fight within the Federal Reserve, with Jon Hilsenrath, WSJ.
Airtime: Tues. Aug. 24 2010 | 9:46 AM ET
Insight on the fight within the Federal Reserve, with Jon Hilsenrath, WSJ.
The Mad Money Wall of shame is back and Cramer is giving it a fresh look.
Discussing the threat of Greece and Europe and its impact on the stock market Mohamed El-Erian, Pimco CEO/co-CIO.
There is an 80% or more chance the euro zone will lose members within the next two years, Erwin Grandinger from EPM Financial Services Group said citing the group’s clients. He added that part of the problem is having no direct communication between politicians and the markets.
The way the recovery is being engineered is quite wrong, says David Roche, global strategist at Independent Strategy Ltd, as it is sowing the seeds of greater instability. He talks about the sovereign debt bubble, with CNBC’s Amanda Drury & Sri Jegarajah.
“After the huge rallies of last year I think it’s time for the markets to consolidate,” Ashok Shah, CIO of London & Capital, told CNBC Tuesday. “There is a risk of a double dip recession around the corner,” he added when discussing the economic outlook for Europe.
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.