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.
President Barack Obama discusses the issue of health care for seniors, as well as steps the government is taking to combat fraud in the Medicare system.
Apple’s $50B cash stockpile has led many investors to ponder its next takeover move. Brian Marshall, of Gleacher & Co., and the “Fast Money” traders discuss whether Netflix could be the next strategic opportunity for Steve Jobs.
Wynn Resorts expects the high-end gambling market to lead growth, contrary to what Macau rival SJM is predicting. Steve Wynn, chairman & CEO of Wynn Resorts, explains his views to CNBC’s Bernard Lo.
“The real economy has improved,” Yuwa Hendrick-Wong from MasterCard Worldwide said Wednesday. “At the moment, equities everywhere, especially in Europe, to a lesser extent in the US, are way ahead from what we can see in the real economy.” He sees stocks going into a “period of volatility.”
The bond market is pricing in a near-depression. Is it right or wrong? Bond guru William Gross, of Pimco, shares his view
“The Spanish economy is in a fix; the figures are really grim,” Robert Robinson from ICADE told CNBC Tuesday. The Spanish government has been going through an “ostrich syndrome” and hoping the problem will go away, but things will get worse before they get better, he said.