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.
Portuguese Central Bank Governor Vitor Constancio was formally approved by EU finance ministers as the next vice president of the ECB Tuesday. Constancio could be considered “dovish,” Nick Matthews from RBS told CNBC.
It would take a sharp fall in the price of oil or another crisis to change Russia’s economic system for the long term, Nouriel Roubini, economist and New York University Professor, told CNBC Thursday.
The euro is likely to rally versus the dollar “into the $1.38 resistance area,” Roelof van den Akker from ING Commercial Banking told CNBC Tuesday. Akker also takes a technical look at the Xetra DAX.
President Obama discusses his trade agenda at the Export-Import Bank’s Annual Conference in Washington, D.C.
A breakdown of the automaker’s earnings and an outlook, with Alan Mulally, Ford Motor Company CEO.
Why deflation could be a good thing for Americans, with Jim Rickards, Market Intelligence.