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.

The world’s biggest and most expensive ever expo is underway in Shanghai, China. CNBC’s Bernard Lo & Cheng Lei tell us what visitors can expect at Expo 2010, as well as its economic impact.

Pending Home Sales Down 30%.

Euro zone GDP grew 1.7% year-on-year in the second quarter. Julian Callow from Barclays Capital told CNBC the strong result was largely due to German economic growth. Lothar Mentel, CIO of Octopus Investments, joined the discussion.

Chris Whalen, of Institutional Risk Analytics, and Richard Bove, of Rochdale Securities, discuss the future of the financial sector and which stocks they are placing their bets on.

Steve Wynn, chairman & CEO of Wynn Resorts, is considering moving its global headquarters from the U.S. to Macau. He explains the rationale behind this potential move in this First On CNBC interview, with CNBC’s Bernard Lo.

Chris Richter, auto analyst at CLSA, says that Nissan CEO’s forecast for electric cars to make up 10 percent of global auto sales by 2020 sounds ambitious. He tells CNBC’s Oriel Morrison, that there is a market for green cars and a plug-in hybrid may be the compromise solution for now.