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.
Ari Bergmann, CEO at Penso Advisors believes the debt situation in Japan is very dire. He tells Larry McDonald, managing director of Pangea Capital Management and CNBC’s Martin Soong, Sri Jegarajah and Karen Tso why a debt crisis in Japan is a real possibility.
The environment for a cyclical bull market is in place, says Ajay Kapur, head of equity strategy, Asia at Deutsche Bank. However, he tells CNBC’s Martin Soong and Bernard Lo that this is risky entry point for investors.
US tech bellwether Intel reported a near quadrupling of profit in the first quarter. It also raised its full-year margins outlook. “We’re delighted with the performance, to see a record Q1 on the back of a tough 2009,” Graham Palmer, UK MD at Intel, said Wednesday. “From a European perspective, we exceeded our expectations.”
Fresh perspective on the Bernie Madoff scandal, with Steve Fishman, New York Magazine contributing editor.
Treasury Secretary Timothy Geithner gives his opening statement on the public policy issues raised by the Lehman Brothers Bankruptcy Examiner report.
President Barack Obama speaks before the Budget Deficit Commission.