David Marsh, managing director and co-founder at OMFIF, says the euro zone is heading towards "Japanese-style deflation" and that Germany is facing a "crunch period".» Read More
The sentiment that there will always be another bailout in Europe is rapidly coming to an end, reports CNBC's Guy Johnson.
Private equity power player Scott Sperling, co-president, Thomas H. Lee Partners, says the threat of a double-dip recession has lessened significantly, and that his portfolio is doing quite nicely, thank you. And it's all happening, he adds, despite significant headwinds in the economy, although, he adds, it's too early for the Fed to put on the brakes.
Stress tests on European Union banks this year will use tougher criteria for measuring capital than last year, according to details released by the European Banking Authority Friday.
Former Gov. Jim Gilmore (R-Va.) and former Governor Ed Rendell (D-Pa.) discuss the budget debate currently holding up a spending bill in Washington. Rendell says social issues are holding up the agreement. Gilmore says Democrats are just playing the blame game.
Marc Faber, editor and publisher of "The Gloom Boom & Doom Report," discusses the world economy and the amount of paper being printed by central banks. His preference, as a result, is gold. Faber adds that in the current environment, cash and bonds are dangerous. Everything is going up, he says. Only at the Federal Reserve is there no inflation.
CNBC's Guy Johnson reports from Budapest as European finance ministers meet to discuss the EU's debt crisis. And the country's travel forecast and a look at Augusta.
Spain has avoided a costly run on its debt even as its closest neighbor, Portugal, has been forced to ask the European Union for help to help fund its debt burden. But one analyst remains skeptical the Spanish are out of the woods just yet.
What Mervyn King, governor of the Bank of England, called the Nice (“non-inflationary, consistently expansionary”) decade has vanished. In its place, we see what I would now call the Nasty (“nightmare of austere and stagflationary years”), the Financial Times reports.
European stocks were indicated to open higher on Friday as the euro nears a 15-month high against the dollar.
Just because the European Central Bank raised interest rates today to stave off inflation, don't expect the Fed to take a similar tack with U.S. rates, these strategists say.
Rumors of a failed Asian art auction drive down shares of Sotheby's, and the Fast Money traders call the close. Hint: Avoid the Euro.
The US government is careening towards a shutdown as Democrats and Republicans can't agree on a 2011 budget plan. I believe a shutdown will occur.
Portugal throws in the towel, the Bank of England holds steady, and the European Central Bank tightens its purse strings — it's time for your Eurocentric FX Fix.
CNBC's Steve Liesman discusses the ECB's decision to raise rates a quarter point, which some say was long overdue and others say could seriously endanger the recovery. Simon Hobbs & Rick Santelli weigh in.
Discussing whether the ECB is jumping the gun and the Fed is lagging, with Keith McCullough, CEO, Hedgeye Risk Management. For places like Portugal, Greece and Ireland, he says, things will end badly.
CNBC's Rick Santelli reports on the weekly jobless claims number, which fell to 382,000. Steve Liesman provides analysis and discusses whether the ECB rate decision will stick. Jim Iurio, Institutional Services, discusses, as well.
Headlines, comps and CNBC's Silvia Wadhwa discusses the ECB's decision to raise interest rates by a quarter point.
Discussing the European Central Bank's decision to raise rates by a quarter point, with CNBC's Steve Liesman. U.S. economists don't necessarily agree it's a good decision, but others question whether Bernanke and the U.S. Fed are actually behind the curve. MIT Sloan School Dean David Schmittlein also weighs in.
Stephen Roach, Morgan Stanley Non-Executive chairman & Yale senior lecturer, discusses this recovery and why it's different. He also talks about the possibility of an ECB rate hike, and the role of the Fed in the financial crisis.
CNBC's Silvia Wadhwa reports from Frankfurt on the expected rate hike by the ECB. Many see it as a warning that countries have to be responsible for getting their own fiscal houses in order. And John Harwood reports on a new NBC-Wall Street Journal Poll. Also, a look at the weather forecast for The Masters in Augusta, Georgia.