Trader's Talk With Art Cashin
Airtime: Mon. May 24 2010 | 1:34 PM ET
Insight on the markets with Art Cashin, UBS.
Airtime: Mon. May 24 2010 | 1:34 PM ET
Insight on the markets with Art Cashin, UBS.
North Korea is severing ties with South Korea in response to sanctions handed down, and the escalating tension is adding another layer of fear to the global markets. NBC’s Jim Miklaszewski has the details.
Discussing the luxury markets and retail sales overall, with Andrew Wolf, BB&T Capital Markets food & drug retail sector analyst.
Insight on the Federal Reserve, with Randall Kroszner, former Federal Reserve Board governor and professor at University of Chicago Booth School of Business.
BB&T is one of the three big regionals that remained profitable during the financial crisis. Kelly King, the bank’s CEO, said its conservatism helped it avoid problems.
The CNBC news team parses today’s economic data. Ken Langone, CEO of Invemed, shares his insight and tells CNBC he sees a jobless recovery ahead of us.
Axel Weber, president of Deutsche Bundesbank, told CNBC that the Greek bailout will be implemented soon as he dismissed the idea that the euro zone is at risk of falling apart.