Trader Talk With Art Cashin
Airtime: Fri. Aug. 13 2010 | 8:50 AM ET
The buzz from the NYSE, with Art Cashin, of UBS.
Airtime: Fri. Aug. 13 2010 | 8:50 AM ET
The buzz from the NYSE, with Art Cashin, of UBS.
The Bank of England left interest rates and its quantitative easing program unchanged Thursday, as expected. Lothar Mentel, CIO from Octopus Investments, and Anthony Gibbs from Vantage Capital Markets, discuss the outlook.
Noted researcher Charles Nenner tells CNBC the Dow could reach 5,000 in the next 2-3 years
Art Cashin: Afternoon Trader Talk in August 2010
“There is some sentiment here in the US that the US will have to pick up part of the tab to bail out Europe as well, because of the IMF,” Rep. Scott Garrett, (R) New Jersey, told CNBC Monday.
June saw a loss of 125,000 jobs, but the jobless rate fell to 9.5%. The CNBC news team parses the data.
Political problems within the euro zone are going to get worse as debt-laden countries struggle with rising unemployment while attempting to cut budgets, Peter Dixon from Commerzbank Securities told CNBC Monday.