Trader Talk With Art Cashin & Alan Valdes
Airtime: Mon. May 10 2010 |
Art Cashin, of UBS, and Alan Valdes, of Kabrik Trading, share their market insight.
Airtime: Mon. May 10 2010 |
Art Cashin, of UBS, and Alan Valdes, of Kabrik Trading, share their market insight.
Finally, as he waits for a meaningful Vegas turnaround, Steve Wynn pokes fun at the measurements some analysts and executives use to gauge a company’s success—in short, he mocks EBITDA. “As if depreciation doesn’t exist.”
The Commerce Department said sales dropped a record 32.7 percent with CNBC’s Rick Santelli & Diana Olick.
A countdown to the opening bell, with Arthur Cashin, UBS Financial Services director, floor operations.
Russia’s central bank cut its key interest rates by 25 basis points Friday. Jochen Wermuth from Wemuth Asset Management considers the outlook for the Russian economy.
Insight from Pimco’s Mohamed El-Erian
The Bank of England held interest rates at a record low, as widely expected Thursday. Anthony Gibbs from Vantage Capital Markets told CNBC that the UK could be facing an inflation problem.