Mort Zuckerman on Obama's Economic Policies
Airtime: Mon. Jul. 19 2010 | 1:35 PM ET
Billionaire investor Mort Zuckerman tells CNBC he has many issues with President Obama’s economic policies.
Airtime: Mon. Jul. 19 2010 | 1:35 PM ET
Billionaire investor Mort Zuckerman tells CNBC he has many issues with President Obama’s economic policies.
Airtime: Thurs. Nov. 4 2010 | 2:15 PM ET Hedge fund legend Julian Robertson tells CNBC’s Erin Burnett why he thinks quantitative easing is a bad idea and how fighting obesity could improve GDP by $1 trillion.
Jim Simons, founder of Renaissance Technologies, discusses the Flash Crash, the market’s reaction and how his company dealt with orders in the immediate aftermath, with CNBC’s Melissa Lee.
Friday marked Day 4 of a new rally attempt for the benchmark S&P 500 Index and Day 2 for the other major averages. That said, as long Tuesday’s lows are not breached in the S&P 500, the window is now opened for a proper follow-through day (FTD) to occur. However, if at anytime Tuesday’s S&P 500 Index lows are breached, then the day count will be reset. What does all of this mean for investors? Simple, the market remains in a correction which reiterates the importance of adopting a strong defense stance until a new rally is confirmed. Trade accordingly.
The economy will likely grow at a 4% rate over the next 12 months, Jack Welch, former CEO of General Electric, told CNBC.
Marc Benioff, CEO of Salesforce.com, says business users will leverage the power of social networking in a private and secure way. He tells CNBC’s Karen Tso why social networking will be the future of business.
The dollar is still going up and has a chance to create a “good top” in the near-term, Bill McLaren, independent trader, said Friday. He also looks at the chart for the S&P 500 index.