Markets Digest Housing Data
Airtime: Tues. Aug. 17 2010 | 8:33 AM ET
Insight on the markets following the release of housing starts data, with CNBC’s Rick Santelli.
Airtime: Tues. Aug. 17 2010 | 8:33 AM ET
Insight on the markets following the release of housing starts data, with CNBC’s Rick Santelli.
“The big risk is that there will be a downturn in markets that could impact the bond, the equity and the credit markets,” Nouriel Roubini, chairman of RGEMonitor.com, told CNBC when discussing the economic outlook Friday.
The European Central Bank left interest rates unchanged at 1% Thursday, as widely expected. João Borges de Assunção from Católica School of Business, Charlie Morris from HSBC Global Asset Management and Brendan Brown from Mitsubishi UFJ Securities International have analysis.
We have a $700 billion to $1 trillion rescue package being thrown at countries “which are patently insolvent,” David Roche from Independent Strategy said Monday. He added that EU leaders have not addressed how the austerity measures are going to be enabled to help these countries become solvent again.
The race to execute trades may be compromising the entire market, according to the SEC Chairman Mary Schapiro.
Insight on employment and the markets, with Rich Bernstein, Ian Bremmer, Eurasia Group and Nouriel Roubini, Roubini Global Economics and NYU Stern School of Business.
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.