Plunging Home Prices
Airtime: Wed. Sept. 15 2010 | 2:27 PM ET
Discussing multiple signs that there’s a significant deterioration in the fragile housing market, with CNBC’s Diana Olick.
Airtime: Wed. Sept. 15 2010 | 2:27 PM ET
Discussing multiple signs that there’s a significant deterioration in the fragile housing market, with CNBC’s Diana Olick.
Expect a serious deceleration of growth in China, warns Yuwa Hedrick-Wong, economic advisor to MasterCard Worldwide & professor at the University of British Columbia. He shares his views, with Harish Manwani, president, Asia, Africa, Central & Eastern Europe at Unilever, CNBC’s Martin Soong & Lisa Oake.
Ray Attrill, global head of research at Forecast Australia, says the U.S. and China are heading for a new trade war. He speaks to Mark Konyn, CEO of RCM Asia Pacific and CNBC’s Oriel Morrison about the Obama’s Administration’s mounting pressure on Beijing.
Jim Simons, founder of Renaissance Technologies, discusses the Flash Crash, the market’s reaction and how his company dealt with orders in the immediate aftermath, with CNBC’s Melissa Lee.
The ISM Manufacturing Index slipped to 59.7 in May from 60.4 in April, and construction spending jumped 2.7% in April. CNBC’s Steve Liesman parses the data.
Stocks are “climbing a wall of worry and that tends to be the best kind of bull market,” Mike Lenhoff from Brewin Dolphin told CNBC Tuesday. Marc Ostwald from Monument Securities joined the discussion.
CNBC’s Annette Weisbach breaks down today’s European market action.