Pimco's Bet on the Market- May 2010
Airtime: Fri. May 21 2010 | 2:05 PM ET
Pimco’s Mohamed El-Erian and Bill Gross discuss where they’re putting Pimco money right now.
Airtime: Fri. May 21 2010 | 2:05 PM ET
Pimco’s Mohamed El-Erian and Bill Gross discuss where they’re putting Pimco money right now.
Durable goods orders for February continued the up trend we’ve seen over the last couple of months. John Canally, of LPL Financial, and Bob Baur, of Principal Global Investors, share their insight.
“After the huge rallies of last year I think it’s time for the markets to consolidate,” Ashok Shah, CIO of London & Capital, told CNBC Tuesday. “There is a risk of a double dip recession around the corner,” he added when discussing the economic outlook for Europe.
Homeowners struggling to pay their mortgages are letting homeowners associations fees slide, and now HOAs are fighting back and foreclosing. Tom Skiba, of the Community Associations Institute; Bill Davis, an attorney; and CNBC’s Diana Olick discusses this trend.
BB&T is one of the three big regionals that remained profitable during the financial crisis. Kelly King, the bank’s CEO, said its conservatism helped it avoid problems.
Insight on the latest jobless claims report, with CNBC’s Rick Santelli.
Fed chief Ben Bernanke discusses the future of housing finance in America.