Week Ahead: Economic Data
Airtime: Mon. Oct. 4 2010 | 10:00 AM ET
Anticipating a busy week on the jobs & housing front, with Ward McCarthy, Jefferies, and Cameron Findlay, LendingTree.com.
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Expect China to Grow 10% This Year
Even though recent economic data point to slowing growth in China, Stephen Green, senior economist at Standard Chartered Bank, remains confident its economy can expand 10% in 2010. He shares his outlook, with CNBC’s Martin Soong, Karen Tso & Sri Jegarajah.
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Markets Expect a Greek Default
“I think the financial markets understand that Greek debt restructuring is on the cards, which is an implicit default,” Neil MacKinnon from VTB Capital told CNBC Wednesday. Kirby Daley from Newedge Group joined the discussion.
New Home Sales Up 6.6%
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Another Recession Coming: Jim Rogers
“We’re going to have another recession, I guarantee you… By 2012 say, it’s time for another recession,” Jim Rogers, chairman of Rogers Holdings, told CNBC Wednesday. “The next time it’s going to be worse because we’ve shot all of our bullets,” he added.
