Nov

28

Press Digest for Wednesday

By Pete | Filed Under The Podcast | Start a Discussion 

  • Axa’s Tinker Says U.S. Economy ‘Fine,’ Fed Need Not Cut
    Mark Tinker, fund manager at Axa Framlington Ltd., talks with Bloomberg’s Mark Barton and Sara Walker in London about BHP Billiton Ltd.’s bid for Rio Tinto Ltd., demand for metals and the outlook for the U.S economy and Federal Reserve monetary policy.
  • Trichet Says Yuan Gains ‘Good Way’ to Cool China Growth
    European Central Bank President Jean-Claude Trichet talks with Bloomberg’s Vincent Touraine in Beijing about his meetings with Chinese officials, China’s economy and the valuation of the yuan. The meetings with Chinese officials also included European Union Monetary Affairs Commissioner Joaquin Almunia and Luxembourg’s Jean-Claude Juncker, who heads a panel of finance ministers from the euro area.
  • Subprime Affects US Commercial Property
    The fallout from the U.S. subprime mortgage crisis is spilling over to the U.S. commercial property market. Tony Horrell, CEO European capital markets at Jones Lang LaSalle, tells CNBC’s Louisa Bojesen about the effect.
  • A Fundamental Mismatch?
    Saudi Oil Minister Ali al-Naimi highlights the mismatch between oil prices and its fundamentals, reports CNBC’s Sri Jegarajah, who attended the Mid East & Asia Energy Summit.
  • Blackstone CEO on Private Equity
    As opposition to the U.K. and U.S. private-equity sector continues, CNBC’s Guy Johnson asks Stephen Schwarzmann, CEO of Blackstone, about the future of the industry.
  • Sarkozy Says China Must Allow Currency to Appreciate
    French President Nicolas Sarkozy speaks about China’s growing importance to the world economy and the need for an appreciation in the yuan to avert trade imbalances. (This is a translation and an excerpt of Sarkozy’s comments made yesterday and today during his state visit to Beijing. Source: Bloomberg)
  • ETF Funds Boom
    The Exchange Traded Fund market is currently experiencing a boom period. Bruce Bond, president of PowerShares Capital Management, talks to CNBC’s Ross Westgate about the latest developments in the industry.
  • Prechter Says Rate Cuts Won’t Halt U.S. Stocks’ Decline
    [Editor: Pete nailed this one…saying it had to be a tradeable bottom if Prechter was on TV!] Robert Prechter, chief executive officer of Elliott Wave International Inc., talks with Bloomberg’s Pimm Fox from Atlanta about the outlook for U.S. equity market according to the Elliott Wave Theory, Federal Reserve monetary policy and Prechter’s investment advice.

Questions and Comments

Portfolio Strategy clients: Please log in to join the discussion if you do not see the text box below.

This entry is closed to comments. Please accept our apologies.