*Skechers, Mondelez jump after profits beat expectations. July 30- U.S. stocks fell in late morning trading on Thursday as earnings from Facebook and Procter& Gamble disappointed investors and data showed that the economy expanded at a slower-than-expected pace in the second quarter. Procter& Gamble's 3.7 percent fall dragged down the Dow, after the company...» Read More
Peter Attard Montalto, emerging market economist at Nomura International, discusses South Africa and says that the growth outlook for the medium-term is not particularly "rosy."
Jared Bernstein, Center on Budget and Policy Priorities, and Kevin Hassett, American Enterprise Institute, provide their thoughts on controversy over the data in Thomas Picketty's book, "Capital in the 21st Century."
Discussing the action in the bond market, with Jim Iuorio, TJM Institutional Services; CNBC's Bob Pisani; and Kenny Polcari, O'Neil Securities.
CNBC's Dominic Chu reports where investors can find yield.
CNBC's Steve Liesman provides insight to why bond yields are falling, including the long-term trend of lower rates.
Ben Willis, Princeton Securities, discusses overall market sentiment and explains how China GDP was one of the keys that ignited a "genteel" rotation out of high beta names.
CNBC's Bob Pisani looks at what's driving today's sell-off and explains if the market is experiencing modest economic growth or accelerated growth.
Izumi Devalier, Japan economist at HSBC, says a contraction of the Japan's second quarter GDP is "inevitable" but highlights that the fall back in spending was not as sharp as expected.
David Owen, chief European economist at Jefferies, says that recent European data, including GDP numbers, make it more likely that the ECB will act in June.
Azad Zangana, European economist at Schroders, says deflationary pressure is going to build in peripheral European countries, but Germany will see inflation rise.
John Vail, chief global strategist at Nikko Asset Management, says Japan showed strong first quarter growth, but GDP in the following quarter could be negative.
Uwe Parpart, Managing Director, Head of Research at Reorient Financial Markets, says business investment, not consumption, was the real upside surprise in Japan's first-quarter GDP.
Jim McCaughan, CEO of Principal Global Investors, says the lack of further monetary easing from the Bank of Japan, coupled with April's sales tax hike, will hurt Japanese growth.
Khiem Do, Head of Asian Multi-Asset at Baring Asset Management, explains why Asian equity markets failed to take off after Japan's first-quarter growth data surpassed expectations.
Martin Schulz, Senior Economist at Fujitsu Research Institute, says a "consumption binge" ahead of April's tax hike helped Japan post its fastest growth since 2011 in the first quarter.
Leif Eskesen, Chief Economist for India and ASEAN at HSBC, expects Japan to see a spike in first-quarter gross domestic product due to front-loading ahead of the sales tax hike.
David Joy, Ameriprise Financial, and Mark Vitner, Wells Fargo Securities, share their outlook on the market and economy and discuss whether the economic rebound will be robust enough.
A further slowdown in China is inevitable as the economy undergoes a re-balancing, says Xavier Denis, Economist and Strategist at Societe Generale Private Banking.
Cherelle Murphy, Senior Economist at ANZ, believes the spending cuts outlined in Australia's budget will cause a 0.25 to 0.5 percent reduction in gross domestic product.
CNBC's Steve Liesman digs into the latest consumer data and gives his economic outlook for the first two quarters.