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.
“Russia has growth and Russia has money and Europe has neither,” Kingsmill Bond from Troika Dialog told CNBC Tuesday. “Russia has the capacity to support Europe clearly with its cash,” he added.
The days of a family expecting to use their returns from investments to fund their retirement or pay for their kids’ college educations are over, says Bill Gross, co-CIO and founder of PIMCO.
“I think interest rates forever in the US will be at zero. By zero I mean below the rate of inflation,” Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, told CNBC Thursday. Faber also said that the Chinese economy will slow down, but avoid a crash.
CNBC’s Bertha Coombs has the details on a major breakthrough on a therapeutic cancer vaccine.
Concluding market insight, with Ian Bremmer, Eurasia Group and Nouriel Roubini, Roubini Global Economics and NYU Stern School of Business.
Global investors are waiting for the results of the stress tests on European banks, with CNBC’s Silvia Wadhwa.