The Political Economy
Airtime: Mon. Aug. 23 2010 | 6:20 AM ET
Political pressure is rising ahead of the midterm elections, with Greg Valliere, Potomac Research Group, Allen Sinai ,Decision Economics.
Airtime: Mon. Aug. 23 2010 | 6:20 AM ET
Political pressure is rising ahead of the midterm elections, with Greg Valliere, Potomac Research Group, Allen Sinai ,Decision Economics.
Stocks fall on disappointing revenues, with CNBC’s Kate Kelly, Bob Pisani & Scott Wapner.
The new banking rules will bring some stability to the financial system, believes Kirby Daley, senior strategist, Newedge Group. He shares his thoughts with Karsten Schroeder, CEO, Amplitude Capital, CNBC’s Martin Soong and Sri Jegarajah.
Airtime: Wed. Feb. 24 2010 | ET January new home sales are down 11.2 percent, with CNBC’s Diana Olick, New Home Sales Released- 2.24.10
Chinese automaker Geely agreed to buy Ford’s Swedish car brand Volvo for $1.8 billion Monday. Stephen Odell, CEO of Volvo, told CNBC that China is a growth market for Volvo.
Existing home sales in March rose 6.8 percent, reports CNBC’s Diana Olick.
“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.”