Final Thoughts With Jack Welch 6.16.10
Airtime: Wed. Jun. 16 2010 |
Concluding market insight, with Jack Welch, “Straight from the Gut” author.
Airtime: Wed. Jun. 16 2010 |
Concluding market insight, with Jack Welch, “Straight from the Gut” author.
Chris Richter, auto analyst at CLSA, says that Nissan CEO’s forecast for electric cars to make up 10 percent of global auto sales by 2020 sounds ambitious. He tells CNBC’s Oriel Morrison, that there is a market for green cars and a plug-in hybrid may be the compromise solution for now.
Art Cashin, director of floor operations at UBS, has the buzz from the NYSE.
There will be a correction in the stock market “at some point,” Anthony Fry from Evercore Partners told CNBC Wednesday. But it’s unclear when that correction will occur, he added.
Lloyd Blankfein, Chief Executive Officer and Chairman of Goldman Sachs
Euro zone GDP grew 1.7% year-on-year in the second quarter. Julian Callow from Barclays Capital told CNBC the strong result was largely due to German economic growth. Lothar Mentel, CIO of Octopus Investments, joined the discussion.
Discussing the rage on Capitol Hill directed at Goldman Sachs, with James Surowiecki, The New Yorker.