Trader Talk With Art Cashin 4.21.10
Airtime: Wed. Apr. 21 2010 | 8:52 AM ET
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
Airtime: Wed. Apr. 21 2010 | 8:52 AM ET
Art Cashin, head of floor operations at UBS, has the buzz from the NYSE.
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.
Buffett on Deal Making, Financial Regulation. Legendary investor Warren Buffett, CEO and chairman of Berkshire Hathaway, talks to CNBC.
Euro zone PMI data showed a bigger-than-expected rise in manufacturing and service sector activity in March. Geoffrey Dicks from Novus Capital Markets and Andy Brough from Schroders discuss the outlook.
There is a possibility that Japan’s Ministry of Finance may decide to impose negative interest rates on the yen, says Enzio von Pfeil, CEO at Economic Time Bond Fund. He also discusses the health of the U.S. economy with CNBC’s Bernard Lo and Adam Bakhtiar, warning that the overall picture is not pretty.
“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.
Discussing the chances of a double-dip, with Nouriel Roubini, RGEMonitor.com and NYU Stern School of Business professor.