Housing Starts Hit 18-Month High
Airtime: Tues. May 18 2010 | 10:12 AM ET
Construction of new homes rose more than expected in April, but new building permits fell sharply. CNBC’s Diana Olick parses the data.
Airtime: Tues. May 18 2010 | 10:12 AM ET
Construction of new homes rose more than expected in April, but new building permits fell sharply. CNBC’s Diana Olick parses the data.
“The key to Europe right now would be the stress tests with the banks,” Alan B. Lancz, president of Alan B. Lancz & Associates told CNBC. Robert Grady from Cheyenne Capital joined the discussion.
CEO bonuses took a hit in 2009, as company boards start to tie pay to performance. CNBC’s Mary Thompson has the details.
“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.”
Discussing whether there is a second half slowdown in the market, with John Rutledge, former Reagan economic advisor; Peter Navarro, UC Irvine business professor and Peter Morici, University of Maryland.
John Paulson had another conference call with investors today, with CNBC’s Scott Cohn.
Nassim Nicholas Taleb talks with James Surowiecki about the causes of the 2008 financial crisis and the future of the economy.