The final fourth quarter GDP is down 6.3% and jobless claims are up 652,000. Insight on what the numbers mean for the overall economy and the markets, with David Malpass, Encima Global; Peter Cook, Performance Trust Investment Advisors; Eric Dinally, NYS Insurance Dept.; CNBC’s RIck Santelli & Steve Liesman.
Ray Attrill from Forecast Australia talks about the chances of a single world reserve currency soon, or when he sees this new global currency coming into place.
Please upgrade your browser
However, both Locke and Griffiths agreed that the rally was only a correction within the overall bear market. “It’s a pattern of falling highs and lows, below a falling 200-day moving average – that’s the definition of a bear market,” Griffiths said. -CNBC
Whether the Treasury’s plan to buy bad bank assets will really work to improve the markets, with Abby Joseph Cohen, Goldman Sachs; Paul McCulley, PIMCO; John Bogle, The Vanguard Group and Bob Doll, BlackRock.
UK consumer inflation rose unexpectedly Tuesday to 3.2% year-on-year in February.
Please upgrade your browser
Roelof van den Akker, technical analyst at ING Wholesale Banking
Recent Comments