Insight from Pimco's Mohamed El-Erian
Airtime: Tues. Oct. 12 2010 | 8:40 AM ET
Insight on the markets, with Mohamed El-Erian, PIMCO.
Airtime: Tues. Oct. 12 2010 | 8:40 AM ET
Insight on the markets, with Mohamed El-Erian, PIMCO.
Fitch Ratings downgraded Spain’s credit rating by one notch on Friday, with Win Tin, Brown Brothers Harriman sr. currency strategist.
Concluding market insight, with Jack Welch, “Straight from the Gut” author.
Insight on financial reform, the Volcker rule and derivatives legislation, with Bill Isaac, former FDIC chief and Paul Volcker, former Federal Reserve chairman.
Jim Simons, founder of Renaissance Technologies, discusses the Flash Crash, the market’s reaction and how his company dealt with orders in the immediate aftermath, with CNBC’s Melissa Lee.
The ISM Manufacturing Index slipped to 59.7 in May from 60.4 in April, and construction spending jumped 2.7% in April. CNBC’s Steve Liesman parses the data.
Going forward, Harish Manwani, president, Asia, Africa, Central & Eastern Europe at Unilever, sees 80% of the world’s GDP growth coming from developing and emerging markets. Manwani & Yuwa Hedrick-Wong, economic advisor to MasterCard Worldwide and professor at the University of British Columbia, speak with CNBC’s Lisa Oake & Martin Soong.