Ron Paul on Debt Contagion Fears
Airtime: Mon. May 17 2010 | 8:15 AM ET
The type of problem that has hit Greece will eventually hit the US, Rep. Ron Paul, R-Texas, told CNBC.
Similar Posts
Russia Needs a Crisis to Change: Roubini
It would take a sharp fall in the price of oil or another crisis to change Russia’s economic system for the long term, Nouriel Roubini, economist and New York University Professor, told CNBC Thursday.
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.”Durable Goods & the Economy March 2010
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.
Black Swan: Bank Balance Sheets Still Bad
“The balance sheets of banks are just as bad as they were” two years ago when the crisis began and “the quality of the risks hasn’t improved,” Nassim Taleb, professor and author of the bestselling book “The Black Swan,” told CNBC on Thursday.
China Must Maintain Stable Growth: Chief Advisor
It’s very important for the Chinese economy to maintain its stable trajectory. A stable growth path for the Chinese economy is good for global growth, Andrew Sheng from China Banking Regulatory Commission said Friday. The fiscal stimulus has been very positive. Growth has come back but uncertainties remain, he added.
McDonald's In February '10
Analysis of McDonald’s sales for February, including how the company performed in the Asia-Pacific market, with Matthew DiFrisco, Oppenheimer & Co. sr. analyst.
