Consumer's Road to Recovery
Airtime: Fri. Sept. 17 2010 | 11:10 AM ET
Discussing the state of the consumer, with Steven Ricchiuto Chief, Mizuho Securities USA Inc., and Brian Sozzi, Wall Street Strategies.
Airtime: Fri. Sept. 17 2010 | 11:10 AM ET
Discussing the state of the consumer, with Steven Ricchiuto Chief, Mizuho Securities USA Inc., and Brian Sozzi, Wall Street Strategies.
Markets are in the red after a wealth of disappointing data from pending home sales and ISM manufacturing, with Steven Ricchiuto, Mizuho Securities USA Inc. and John Canally, LPL Financial.
Highlights from President Obama’s interview with CNBC’s John Harwood.
The level of compliance to oil quotas among OPEC members has been sinking in recent months. OPEC compliance is now a cause for concern, HE Abdalla Salem El Badri, secretary general of OPEC, told CNBC Wednesday. El Badri added that OPEC is seeing strong demand growth from China and India.
ECB President Jean Claude Trichet said the EU’s bank stress tests are being finalized and they are important. Thorsten Polleit from Barclays Capital has analysis.
“I think it would be very good for the world to have deflation … at this level I’m not particularly interesting in buying anything,” Marc Faber of “The Gloom, Boom & Doom Report” told CNBC Thursday. Guillaume Salomon from TD Securities and Steen Jakobsen from Limus Capital Partners joined the discussion.
Vanguard Group led the fund industry with net cash inflow of $44 billion year-to-date, with Bill McNabb, Vanguard Group CEO.