New Home Sales Up 6.6%
Airtime: Wed. Oct. 27 2010 | 10:00 AM ET
New home sales rise 6.6 percent in September, with CNBC’s Diana Olick.
Airtime: Wed. Oct. 27 2010 | 10:00 AM ET
New home sales rise 6.6 percent in September, with CNBC’s Diana Olick.
The European Central Bank left interest rates unchanged at 1.0%, as expected Thursday. Ian Stannard from BNP Paribas, Lothar Mentel, CIO of Octopus Investments, and Neil MacKinnon from VTB Capital discussed the outlook.
Discussing whether a plunging dollar and soaring gold prices are putting a major dent in your bottom line, with Anthony Mirhaydari, Edgeletter.com founder and Joe Battipaglia, Stifel Nicolaus.
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.
The Bank of England left interest rates and its asset purchasing program unchanged Monday. Justin Urquhart Stewart from Seven Investment Management and David Frost, director general of British Chambers of Commerce, joined the discussion.
Why deflation could be a good thing for Americans, with Jim Rickards, Market Intelligence.
Insight on the state of housing, with Ara Hovnanian, president & CEO of Hovnanian Enterprises