Goldman's Spin Off
Airtime: Wed. Aug. 4 2010 | 12:00 PM ET
Firm to spin off a significant portion of its prop trading, with CNBC’s Kate Kelly and Dick Bove, Rochdale Securities.
Airtime: Wed. Aug. 4 2010 | 12:00 PM ET
Firm to spin off a significant portion of its prop trading, with CNBC’s Kate Kelly and Dick Bove, Rochdale Securities.
“The real economy has improved,” Yuwa Hendrick-Wong from MasterCard Worldwide said Wednesday. “At the moment, equities everywhere, especially in Europe, to a lesser extent in the US, are way ahead from what we can see in the real economy.” He sees stocks going into a “period of volatility.”
Investors are also watching those retail chain store sales numbers coming in, with CNBC’s Jane Wells
Mohamed El-Erian, CEO and and co-CIO of Pimco, discusses the Fed’s “new normal” with CNBC.
Ari Bergmann, CEO at Penso Advisors believes the debt situation in Japan is very dire. He tells Larry McDonald, managing director of Pangea Capital Management and CNBC’s Martin Soong, Sri Jegarajah and Karen Tso why a debt crisis in Japan is a real possibility.
Insight on the latest jobless claims report, with CNBC’s Rick Santelli.
President Obama discusses his trade agenda at the Export-Import Bank’s Annual Conference in Washington, D.C.