Steve Wynn and Ron Baron On the Economy
Steve Wynn and Ron Baron, two heavyweights in the financial world, talk about the economy on this clip from CNBC.

Steve Wynn and Ron Baron, two heavyweights in the financial world, talk about the economy on this clip from CNBC.

The world is doomed because the governments are taking over and will bankrupt us, says Marc Faber, editor & publisher at The Gloom, Boom & Doom Report. He also tells co-guest host Michael Yoshikami, founder, president and chief investment strategist at YCMNet Advisor, CNBC’s Bernard Lo and Karen Tso, that the Goldman fraud case was mainly political.

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.

What to expect for the second half of the year, with Nouriel Roubini, Roubini Global Economics chairman.

“There is some sentiment here in the US that the US will have to pick up part of the tab to bail out Europe as well, because of the IMF,” Rep. Scott Garrett, (R) New Jersey, told CNBC Monday.

Global demand for crude oil is due to grow, according to Victor K. Shum from Purvin & Gertz. Shum considers the outlook for the oil market.

Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.