Greenspan on the Economy
Airtime: Thurs. Jul. 8 2010 | 4:35 PM ET
Discussing mounting fears of a douple-dip recession, with Alan Greenspan, former Federal Reserve chairman and CNBC’s Maria Bartiromo.
Airtime: Thurs. Jul. 8 2010 | 4:35 PM ET
Discussing mounting fears of a douple-dip recession, with Alan Greenspan, former Federal Reserve chairman and CNBC’s Maria Bartiromo.
Van Anantha Nageswaran, chief investment officer, Bank Julius Baer, believes the probability of a double-dip is higher in 2011 than 2010. He tells CNBC’s Oriel Morrison & Bernard Lo that there are various headwinds ahead for the global economy.
“This year we are expecting moderate growth… The discovery we made last year was that export dependence is also vulnerability,” Danilo Turk, the president of Slovenia, told CNBC Friday. The recent weakness of the euro is a good thing for Slovenia, he added.
The Australian economy grew at its fastest pace in 3 years during the second quarter. John Peters, senior economist at Commonwealth Bank of Australia, breaks down the numbers, with CNBC’s Bernard Lo.
CNBC’s Phil LeBeau discusses the details of GM’s filing to offer 500 million common and preferred shares of stock.
Could Pandora open a can of worms for Sirius XM? Rob Cox, of Reuters Breakingviews, and “The Strategy Session” hosts discuss.
The economy will likely grow at a 4% rate over the next 12 months, Jack Welch, former CEO of General Electric, told CNBC.