March US Trade Deficit $40.42B
Airtime: Wed. May 12 2010 | 8:30 AM ET
The March trade gap is at its highest since December 2008. CNBC’s Rick Santelli and Steve Liesman parse the data.
Airtime: Wed. May 12 2010 | 8:30 AM ET
The March trade gap is at its highest since December 2008. CNBC’s Rick Santelli and Steve Liesman parse the data.
Jim Chanos Shares Short View on the Markets, stock market research, shorting stocks, how to short stocks
Fed chief Ben Bernanke discusses the future of housing finance in America.
Where Richest Are Putting Riches
A political gridlock is seen as a good thing for the equity markets, believe Alastair Newton, MD & senior political analyst at Nomura International and Frank Lavin, Former White House Political Director. They also tell CNBC’s Martin Soong that the Bush tax cut extensions will be an important factor in this election.
James Paulsen, of Wells Capital Management, and Larry Fink, of BlackRock, share their market outlooks with CNBC.
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.