PIMCO's Mohamed El-Erian: Markets Battle Back
Airtime: Thurs. Aug. 26 2010 | 8:42 AM ET
Insight on the markets and the rising risk of a double-dip, with Mohamed El-Erian, PIMCO.
Airtime: Thurs. Aug. 26 2010 | 8:42 AM ET
Insight on the markets and the rising risk of a double-dip, with Mohamed El-Erian, PIMCO.
John Paulson had another conference call with investors today, with CNBC’s Scott Cohn.
Treasury Secretary Timothy Geithner discusses the German ban on short selling and the steps Europe is taking toward economic and financial reform. He also discusses U.S. contingency plans in the event European aid falls through with CNBC’s Erin Burnett.
The European Central Bank left its core interest rate on hold at 1.0% Thursday. Karsten Junius from DekaBank, Brendan Brown from Mitsubishi UFJ Securities International and Neil MacKinnon from VTB Capital discuss the outlook for Europe.
Chris Richter, auto analyst at CLSA, says that Nissan CEO’s forecast for electric cars to make up 10 percent of global auto sales by 2020 sounds ambitious. He tells CNBC’s Oriel Morrison, that there is a market for green cars and a plug-in hybrid may be the compromise solution for now.
Fitch Ratings downgraded Spain’s credit rating by one notch on Friday, with Win Tin, Brown Brothers Harriman sr. currency strategist.
Discussing whether fear will continue to push gold even higher, with Anthony Neglia, of Tower Trading, and CNBC’s Sharon Epperson.