Inside the St. Louis Fed
Airtime: Fri. Oct. 8 2010 | 6:02 AM ET
An economic outlook, with James Bullard, St. Louis Federal Reserve Bank CEO/president.
Airtime: Fri. Oct. 8 2010 | 6:02 AM ET
An economic outlook, with James Bullard, St. Louis Federal Reserve Bank CEO/president.
Emerging Inflation to Squeeze West, Inflation in emerging markets is a major issue for Western companies as input prices are set to rise because of it, Philippa Malmgren, president of Principalis Asset Management, told CNBC Wednesday.
The dollar is still going up and has a chance to create a “good top” in the near-term, Bill McLaren, independent trader, said Friday. He also looks at the chart for the S&P 500 index.
Chris Richter, auto analyst at CLSA, says that Nissan CEO’s forecast for electric cars to make up 10 percent of global auto sales by 2020 sounds ambitious. He tells CNBC’s Oriel Morrison, that there is a market for green cars and a plug-in hybrid may be the compromise solution for now.
“I think it would be very good for the world to have deflation … at this level I’m not particularly interesting in buying anything,” Marc Faber of “The Gloom, Boom & Doom Report” told CNBC Thursday. Guillaume Salomon from TD Securities and Steen Jakobsen from Limus Capital Partners joined the discussion.
Areva announced the acquisition of US-based solar power company Ausra Monday as it launched its new global solar energy business. Anil Srivastava, CEO of Areva Renewables and Dr. Robert E. Fishman, chairman and CEO of Ausra, spoke to CNBC about the deal.
American companies are now outsourcing to small towns in the United States, with Monty Hamilton, Rural Sourcing CEO.