Obama's Small Biz Push
Airtime: Thurs. Aug. 19 2010 | 12:15 PM ET
President Barack Obama encourages passage of the small business bill, which is currently stalled in Congress.
Airtime: Thurs. Aug. 19 2010 | 12:15 PM ET
President Barack Obama encourages passage of the small business bill, which is currently stalled in Congress.
Oil dipping below $70 a barrel this morning, with John Kilduff, Round Earth Capital.
America’s biggest headache is big business for your friendly neighborhood accountant. CNBC talks taxes with Russ Smyth, CEO of H&R Block.
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.
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The U.S. will be making a huge mistake if it does go ahead and sign an anti-China trade sanction bill, warns Stephen Roach, chairman of Morgan Stanley. He explains why to CNBC’s Bernard Lo & Karen Tso.
Pimco’s Bill Gross tells CNBC why he thinks we’re in a liquidity trap.