Selling Into "The New Normal", Pt. 2
Airtime: Tues. Jun. 15 2010 |
Insight on the European debt crisis and world markets, with Mohamed El-Erian, PIMCO CEO & co-CIO.
Airtime: Tues. Jun. 15 2010 |
Insight on the European debt crisis and world markets, with Mohamed El-Erian, PIMCO CEO & co-CIO.
Insight from Pimco’s Mohamed El-Erian
President Barack Obama signs the jobs bill, which is supposed to give payroll tax breaks to businesses that hire the unemployed.
The long-term chart for the euro suggests it will go “much lower” versus the dollar and could fall toward $0.90, which is the lows of 2000/2001, Mark Sturdy from Seven Days Ahead told CNBC Wednesday. Sturdy also takes a technical look at the pound.
Mr. Lamar McKay, BP American president and chairman, offers his opening statement to the senate Committee on Energy & Natural Resources regarding the Gulf oil rig explosion and subsequent spill.
Francesco Trapani, chief executive of Bulgari, reveals his expansion strategy for China’s booming luxury market. He tells CNBC’s Christine Tan why he is willing to take all the necessary steps to grow his market share in the mainland.
Art Cashin, director of floor operations at UBS, has the buzz from the NYSE.