Wilbur Ross on European Debt Crisis
Airtime: Tues. May 18 2010 | 7:04 AM ET
“I think what will actually happen to Greece and a lot of the other countries is, at best, stagflation,” legendary investor Wilbur Ross, of WL Ross & Co., told CNBC.
Airtime: Tues. May 18 2010 | 7:04 AM ET
“I think what will actually happen to Greece and a lot of the other countries is, at best, stagflation,” legendary investor Wilbur Ross, of WL Ross & Co., told CNBC.
President Barack Obama speaks before the Budget Deficit Commission.
Gold prices will likely make firm gains when euro short-covering ends, Irakli Menabde from I2BF told CNBC Tuesday. The euro has had an inverse relationship to the dollar recently, he added.
When a government gets formed in Australia, Peter Costello, former Australian treasurer, says the practicalities of making laws will become exceptionally difficult. He tells CNBC’s Bernard Lo & Matthew Taylor that this will be a time of “weaker government”.
Robert Weissenstein, CIO at Credit Suisse Private Banking Americas, tells CNBC volume has made the rally more viable.
Discussing what the Fed should do next, with Frederic Mishkin former Federal Reserve Board governor and Columbia University economics professor.
Fed chief Ben Bernanke discusses the future of housing finance in America.