Lacker on the Economy
Airtime: Thurs. Apr. 15 2010 | 2:13 PM ET
Weighing in on the markets and the economy, with Jeffrey Lacker, Federal Reserve Bank of Richmond president and CNBC’s Steve Liesman.
Airtime: Thurs. Apr. 15 2010 | 2:13 PM ET
Weighing in on the markets and the economy, with Jeffrey Lacker, Federal Reserve Bank of Richmond president and CNBC’s Steve Liesman.
Greek GDP fell by 1.5% in the second quarter against estimates of a 1% drop and unemployment continued to increase in May, data showed Thursday. Anke Richter from Conduit Capital Markets has analysis.
PIMCO’s Mohamed El-Erian: Markets Battle Back. 8.26.10
The European Central Bank may be forced to introduce a euro zone bond in the wake of budget deficit problems from Greece and other countries, Julian Pendock from Senhouse Capital told CNBC Friday. Joshua Raymond from City Index joined the discussion.
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.
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.
Airtime: Thurs. Apr. 8 2010 | 7:00 AM ET The Bank of England kept interest rates at a record low of 0.5% Thursday, as widely expected. Kit Juckes from ECU Group and Derek Scott, former economic adviser to Tony Blair, discuss the outlook for the UK economy.