Wien on the Economy- Recovery On Life Support?
Airtime: Thurs. Aug. 19 2010 | 8:07 AM ET
Insight on the state of the economy and markets, with Byron Wien, Blackstone Advisory.
Airtime: Thurs. Aug. 19 2010 | 8:07 AM ET
Insight on the state of the economy and markets, with Byron Wien, Blackstone Advisory.
Real estate mogul Sam Zell’s firm is bullish on the New York market but really sees tremendous opportunity in the growing economy of Brazil, which Zell calls the US in 1950.
Buy small-cap funds when investing in China, advises Hugh Young, MD of Aberdeen Asset Management. He explains why this is the correct theme to be playing in China, with CNBC’s Martin Soong, Bernard Lo & Karen Tso
Insight on whether a deeper recession could be on the way, with Nouriel Roubini, RGEMonitor.com chairman.
John Paulson had another conference call with investors today, with CNBC’s Scott Cohn.
CNBC’s Phil LeBeau reports that China’s SAIC has informally approached GM about getting in on its IPO later this year. The company is said to have a 13-year relationship with GM.
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.