The Trader's Edge With Art Cashin
Airtime: Fri. Jul. 2 2010 | 8:48 AM ET
Insight on the markets ahead of the opening bell, with Art Cashin, UBS.
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Double-Dip Fears Unlikely to Fade
“Concerns over a ‘double-dip’ recession seem overdone, but fears are unlikely to fade as economic tensions linger,” Ashok Shah, the Chief Investment Officer at London & Capital, told CNBC Wednesday.
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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.
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Climbing the Wall of Worry
Stocks are “climbing a wall of worry and that tends to be the best kind of bull market,” Mike Lenhoff from Brewin Dolphin told CNBC Tuesday. Marc Ostwald from Monument Securities joined the discussion.
The Yuan Debate Heats Up
Ray Attrill, global head of research at Forecast Australia, says the U.S. and China are heading for a new trade war. He speaks to Mark Konyn, CEO of RCM Asia Pacific and CNBC’s Oriel Morrison about the Obama’s Administration’s mounting pressure on Beijing.
Jamie Dimon's Summer 2010 Reading List
A reading list for Summer interns, with the Power Lunch news team.
