Stiglitz on the Global Economy
Airtime: Wed. Jun. 30 2010 | 11:48 AM ET
Why fiscal conservatism threatens the world economy, with Joseph Stiglitz, nobel laureate & economist.
Airtime: Wed. Jun. 30 2010 | 11:48 AM ET
Why fiscal conservatism threatens the world economy, with Joseph Stiglitz, nobel laureate & economist.
“In the European marketplace, not withstanding that we’re ten years into this, we’re still in very, very early days,” Ted Hood, CEO of Source, creator of ETF products, said of ETFs. “In the US market, we’re seeing 50% retail participation in ETFs.”
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.
HSBC CEO: BoCom Remains Core China Investment
President Obama discusses the amount of jobs loss and his plans for improving employment and the economy by increasing foreign trade.
“I think what will actually happen to Greece and a lot of the other countries is, at best, stagflation,” legendary investor Wilbur Ross, of WL Ross & Co., told CNBC.
Existing home sales in March rose 6.8 percent, reports CNBC’s Diana Olick.