Happy Birthday Stimulus!
Airtime: Wed. Feb. 17 2010 | ET
Celebrating one year since the stimulus, with Christian Weller, Center for American Progress and Mark Tapscott, Washington Examiner.
Airtime: Wed. Feb. 17 2010 | ET
Celebrating one year since the stimulus, with Christian Weller, Center for American Progress and Mark Tapscott, Washington Examiner.
David Komansky, of Field Point Private Bank, discusses his firm’s unique business approach with CNBC and shares his outlook for the overall financial industry.
“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.”
The problems banks have with mortgages will take a long time to be solved and bank stocks are not attractive despite the recent drop in price, Jim Rogers, chairman of Rogers Holdings, told CNBC Wednesday.
“As far as I’m concerned the technicals are in tact, says Guy Adami. We said the S&P would over-correct to the upside and trade up to 1130 and then turn lower — and it did. Now we’re likely in the next leg lower. We have to see what happens as the S&P trades down to the lower end of the range – around 1040 – will it hold next time we test it?
The patterns in the S&P suggest that support will not hold this time, adds Oppenheimer’s Carter Worth. My persumption is we break lower. I think we go to 980. I don’t think a great crash is coming but we are clearly entering a period when the downside should be the focus of investors.”
June Fisher, author of “When Money Was in Fashion” and the granddaughter of Goldman Sachs co-founder Henry Goldman, discusses whether the Goldman legacy has been tarnished by ongoing investigations.
America’s Richest Oilman- Harold Hamm