Obama at Chicago Ford Plant
Airtime: Thurs. Aug. 5 2010 | 11:15 AM ET
President Barack Obama addresses auto workers at a Ford plant in Chicago, and defends his support of American car manufacturers.
Airtime: Thurs. Aug. 5 2010 | 11:15 AM ET
President Barack Obama addresses auto workers at a Ford plant in Chicago, and defends his support of American car manufacturers.
The economy will likely grow at a 4% rate over the next 12 months, Jack Welch, former CEO of General Electric, told CNBC.
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.
John Paulson had another conference call with investors today, with CNBC’s Scott Cohn.
Discussing the threat of Greece and Europe and its impact on the stock market Mohamed El-Erian, Pimco CEO/co-CIO.
Steve Wynn discusses why he built the new Encore Beach Club, and how he has survived the Vegas downturn in ways competitors have not.
House Speaker Nancy Pelosi (D-Calif.) talks to CNBC’s John Harwood about.