Mohamed El-Erian: Soft Patch vs. Double Dip
Airtime: Tues. Sept. 14 2010 | 1:32 PM ET
Mohamed El-Erian, CEO of Pimco, and Dick Berner, chief US economist at Morgan Stanley, debate whether we’re experiencing an economic soft patch or double dip.
Airtime: Tues. Sept. 14 2010 | 1:32 PM ET
Mohamed El-Erian, CEO of Pimco, and Dick Berner, chief US economist at Morgan Stanley, debate whether we’re experiencing an economic soft patch or double dip.
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.”
Google stopped its China search service as the government’s limits on free speech have reached a point where it can’t censor anymore, says Jessica Powell, its director of communications, Japan & Asia Pacific. She sheds more light on its decision, with Richard Martin, MD at IMA Asia, CNBC’s Martin Soong, Cheng Lei & Karen Tso.
Highlights from President Obama’s interview with CNBC’s John Harwood.
Ray Dalio, founder & CIO of Bridgewater Associates, runs the world’s largest hedge fund with $89 billion under management, returning more for the fund’s investors last year than Google, Amazon, Yahoo and eBay combined.
“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 G20 Summit in Toronto wrapped up yesterday after two days of high-intensity meetings with world leaders, with Raghuram Rajan, University of Chicago-Booth School of Business and John Engler, National Association Of Manufacturers CEO.