Obama Creates Fiscal Responsibility Commission
Airtime: Thurs. Feb. 18 2010 | 10:10 AM ET
President Obama announces the creation of a bi-partisan National Commission on Fiscal Responsibility and Reform.
Similar Posts
Inside Case-Shiller Home Price Index
Finding a silver lining in the latest S&P/Case-Shiller results, with David Blitzer, Standard & Poor’s S&P 500 Index Committee.
Burberry CEO on Brand Message
Companies with a “compelling brand message” will outperform companies without during tough economic times, Angela Ahrendts, CEO of Burberry, told CNBC during London fashion week.
UK GDP Growth Surges Higher
UK GDP growth data came in stronger than expected for the second quarter. “This is probably as good as it gets for a while, the outlook is quite tough,” Kevin Grice from Capital Economics told CNBC Friday.
CFTC Chairman on Flash Crash
CFTC Chairman Gary Gensler offers his opening statement on the events that led up to May 6th’s “Flash Crash” to a Senate committee.
Charts: Euro to Fall Toward $0.90
The long-term chart for the euro suggests it will go “much lower” versus the dollar and could fall toward $0.90, which is the lows of 2000/2001, Mark Sturdy from Seven Days Ahead told CNBC Wednesday. Sturdy also takes a technical look at the pound.
S&P About To Retest 1040 Support?
“As far as I’m concerned the technicals are in tact, says Guy Adami. We said the S&P would over-correct to the upside and trade up to 1130 and then turn lower — and it did. Now we’re likely in the next leg lower. We have to see what happens as the S&P trades down to the lower end of the range – around 1040 – will it hold next time we test it?
The patterns in the S&P suggest that support will not hold this time, adds Oppenheimer’s Carter Worth. My persumption is we break lower. I think we go to 980. I don’t think a great crash is coming but we are clearly entering a period when the downside should be the focus of investors.”