Mario Gabelli's Market Insight
Airtime: Thurs. Oct. 7 2010 | 3:05 PM ET
As investors continue searching for buy signals, Gamco Investors’ Maria Gabelli tells CNBC he uses M&A activity as an indicator.
Airtime: Thurs. Oct. 7 2010 | 3:05 PM ET
As investors continue searching for buy signals, Gamco Investors’ Maria Gabelli tells CNBC he uses M&A activity as an indicator.
Cho-Oon Khong, chief political analyst at Shell International, sees an energy supply squeeze with demand expansion. He speaks to CNBC’s Martin Soong & Sri Jegarajah about the implications of this.
Insight on what this recovery means for investors, with Byron Wien, Blackstone Advisory Services.
UK Finance Minister George Osborne unveiled his emergency budget Tuesday, which cut growth and borrowing forecasts, raised VAT and slapped a tax on banks. Geoff Tresman, chairman of Punter Southall Financial Management, Madsen Pirie, president of the Adam Smith Institute, and Jeremy Cape from Denton Wilde Sapte discuss.
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.
Vanguard Group led the fund industry with net cash inflow of $44 billion year-to-date, with Bill McNabb, Vanguard Group CEO.
TUI Travel reported widening first-half losses Tuesday. “What we’ve seen is a significant improvement in our second-quarter results,” CEO Peter Long said. “We’ve seen a strong recovery in consumer demand.”