S&P/Case-Shiller Results
Airtime: Tues. Jul. 27 2010 | 9:00 AM ET
Insight on the latest home price data and what they mean for the housing market, with Maureen Maitland, Standard & Poor’s VP of Index Services.
Airtime: Tues. Jul. 27 2010 | 9:00 AM ET
Insight on the latest home price data and what they mean for the housing market, with Maureen Maitland, Standard & Poor’s VP of Index Services.
Insight on a court ruling involving the Fed, with CNBC’s Steve Liesman.
PIMCO’s Mohamed El-Erian: Markets Battle Back. 8.26.10
The UK has one of the highest personal tax systems in the world after the top rate of income tax was raised to 50% Tuesday. Jeremy Cape from Denton Wilde Sapte and David Brunning from Brunning Newman Houghton discuss
“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.”
Some hotel properties are managing to buck the downturn, with Stephen Bartolin, The Broadmoor, and John Scott, Rosewood Hotels & Resorts.
Following the same path as Japan, China will face an inevitable collapse within the next decade or so, says George Friedman, CEO of Stratfor. He tells CNBC’s Martin Soong that a country’s growth rate doesn’t represent health.