Trader Talk With Art Cashin 3.17.10
Airtime: Wed. Mar. 17 2010 |
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
Airtime: Wed. Mar. 17 2010 |
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
“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.
Billionaire investor George Soros tells CNBC the world is headed toward an economic slowdown in 2011 and politics is going to prevent US leaders from passing much needed fiscal stimulus.
Marc Benioff, CEO of Salesforce.com, says business users will leverage the power of social networking in a private and secure way. He tells CNBC’s Karen Tso why social networking will be the future of business.
The long-term chart for the euro suggests it will go “much lower” versus the dollar and could fall toward $0.90, which is the lows of 2000/2001, Mark Sturdy from Seven Days Ahead told CNBC Wednesday. Sturdy also takes a technical look at the pound.
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.
Highlights from President Obama’s interview with CNBC’s John Harwood.