Story of the Week: IPOs
Airtime: Mon. Mar. 22 2010 | 5:34 PM ET
Six IPOs are scheduled for this week, with CNBC’s Bob Pisani.
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UK Finance Minister George Osborne unveiled his emergency budget Tuesday, which cut growth and borrowing forecasts, raised VAT and slapped a tax on banks. Geoff Tresman, chairman of Punter Southall Financial Management, Madsen Pirie, president of the Adam Smith Institute, and Jeremy Cape from Denton Wilde Sapte discuss.
FOMC Keeps Rates Unchanged
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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.”PIMCO's Mohamed El-Erian: Markets Battle Back
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Trichet: Euro is Very Credible Currency
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Reacting to FOMC Decision: Bill Gross, Ken Volpert David Kelly,etc..
Insight on what the FOMC decision signals for the economy and markets, with Bill Gross, PIMCO, Ken Volpert, Vanguard Principal; David Kelly, JPMorgan Funds; and CNBC’s Steve Liesman & Rick Santelli.
