Pelosi On the Markets
Airtime: Thurs. Sept. 16 2010 | 3:45 PM ET
House Speaker Nancy Pelosi (D-Calif.) talks to CNBC’s John Harwood about.
Airtime: Thurs. Sept. 16 2010 | 3:45 PM ET
House Speaker Nancy Pelosi (D-Calif.) talks to CNBC’s John Harwood about.
Firm to spin off a significant portion of its prop trading, with CNBC’s Kate Kelly and Dick Bove, Rochdale Securities.
Discussing the threat of Greece and Europe and its impact on the stock market Mohamed El-Erian, Pimco CEO/co-CIO.
Gold prices will likely make firm gains when euro short-covering ends, Irakli Menabde from I2BF told CNBC Tuesday. The euro has had an inverse relationship to the dollar recently, he added.
Bernard Schwartz, CEO of BLS Investments, tells CNBC about his $1 trillion jobs plan.
Finally, as he waits for a meaningful Vegas turnaround, Steve Wynn pokes fun at the measurements some analysts and executives use to gauge a company’s success—in short, he mocks EBITDA. “As if depreciation doesn’t exist.”
Gold has reached record highs in recent weeks, but it will continue to go much higher in price, Ben Davies, CEO, Hinde Capital said. Davies said he views gold, not as a commodity, but as a cash supplement. Less developed countries will buy gold to increase reserves, he added.