PIMCO's Gross On Latest Jobs Report: Feb '10
Airtime: Fri. Mar. 5 2010 |
Insight on the latest employment numbers, with Bill Gross, PIMCO.
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Analyst: Gold Run Just Getting Started
Gold is rapidly approaching the $1,300 mark, and James DiGeorgia, publisher of the “Gold & Energy Advisor,” says this is just the beginning of the bullion breakout.
Pending Home Sales Down 30%
Pending Home Sales Down 30%.
Inside Fed Beige Book: April 2010
A breakdown of the Fed’s latest Beige Book, with CNBC’s Steve Liesman and James Bianco, Bianco Research and Lou Brien, DRW Trading Strategist.
Political Gridlock Will be Good for Markets
A political gridlock is seen as a good thing for the equity markets, believe Alastair Newton, MD & senior political analyst at Nomura International and Frank Lavin, Former White House Political Director. They also tell CNBC’s Martin Soong that the Bush tax cut extensions will be an important factor in this election.
Greenspan on the Economy
Discussing mounting fears of a douple-dip recession, with Alan Greenspan, former Federal Reserve chairman and CNBC’s Maria Bartiromo.
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.”
