Ignore Good News During Crisis
Airtime: Fri. May 21 2010 | 4:00 AM ET
During a crisis, there will often be “crumbs of comfort” from economic data, but these should be ignored, Moorad Choudhry from London Metropolitan University told CNBC Friday.
Airtime: Fri. May 21 2010 | 4:00 AM ET
During a crisis, there will often be “crumbs of comfort” from economic data, but these should be ignored, Moorad Choudhry from London Metropolitan University told CNBC Friday.
Why are coffee prices rising? JUNE 21, 2014, 7:46 PM|Drought in Brazil and a fungus called “coffee rust” that’s devastating some of the best coffee bean crops in Latin America and the Caribbean are thought to be the reasons for the rise in coffee prices worldwide. Jill Wagner reports. If You Can’t View This…
Looking at the market, since Monday’s follow-through day, the market and a batch of leading stocks, steadily rallied which is a healthy sign. The fact that we have not seen any serious distribution days show up since Monday’s FTD bodes well for this nascent rally. It is also a welcome sign to see the market continue to improve as investors digest the latest round of stronger than expected economic and earnings data. Remember that now that a new rally has been confirmed, the window is open to start buying high quality breakouts. Trade accordingly.
Discussing the US economy with James Bullard, president of the Federal Reserve Bank of St. Louis.
President Barack Obama discusses the “illusion of prosperity” in a speech about the economy.
Porsche unveils the world’s first hybrid race car. Details with Detlev Von Platen, Porsche Cars North America CEO.
Even though recent economic data point to slowing growth in China, Stephen Green, senior economist at Standard Chartered Bank, remains confident its economy can expand 10% in 2010. He shares his outlook, with CNBC’s Martin Soong, Karen Tso & Sri Jegarajah.