Gold: The Ultimate Fear Trade?
Airtime: Tues. Aug. 31 2010 | 1:50 PM ET
Discussing whether fear will continue to push gold even higher, with Anthony Neglia, of Tower Trading, and CNBC’s Sharon Epperson.
Airtime: Tues. Aug. 31 2010 | 1:50 PM ET
Discussing whether fear will continue to push gold even higher, with Anthony Neglia, of Tower Trading, and CNBC’s Sharon Epperson.
Fitch Ratings downgraded Spain’s credit rating by one notch on Friday, with Win Tin, Brown Brothers Harriman sr. currency strategist.
“I think it would be very good for the world to have deflation … at this level I’m not particularly interesting in buying anything,” Marc Faber of “The Gloom, Boom & Doom Report” told CNBC Thursday. Guillaume Salomon from TD Securities and Steen Jakobsen from Limus Capital Partners joined the discussion.
Obama Meets the Press
Euro zone finance ministers approved a $40 billion emergency aid mechanism for debt-plagued Greece. The CNBC news team has the full story.
We’re making a move into equities, period, says Bill Gross, CIO of Pimco, as this asset class is almost as secure as the sovereigns themselves. He explains this shift in strategy, with CNBC’s Karen Tso, Sri Jegarajah & Martin Soong.
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.