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.
Everybody is so bearish about the euro that it looks like now is a good time to buy the single European currency, Jim Rogers, chairman of Rogers Holdings, told CNBC Thursday. The only big bull markets Rogers sees in the next decade is commodities and he suggests having real assets such as cotton, silver and natural gas for protection in these markets.
China’s domestic market has become very strong, notes Allan Zeman, chairman of Lan Kwai Fong Holdings, prompting him to set up a similar entertainment strip in Chengdu, as well as a mall in Guangzhou. He sheds light on the changing face of the Chinese consumer, with CNBC’s Bernard Lo & Karen Tso.
Chris Whalen, managing director of Institutional risk Analytics, shares his reaction to Citi’s quarterly results.
Anticipating a busy week on the jobs & housing front, with Ward McCarthy, Jefferies, and Cameron Findlay, LendingTree.com.
Debating whether greed is good, with Grant Cardone, “If You’re Not First, You’re Last” author, and David Mercer, Mercer & Associates.
A countdown to the opening bell, with Arthur Cashin, UBS Financial Services director, floor operations.