The fear level in the market is so high right now that there has to be some solution to the greater problems before we can start to look at bank stocks on a fundamental basis, Rochdale Securities’ Dick Bove told Larry Kudlow Monday.
Arthur Hogan, Lazard Capital Markets; Richard Bove, Rochdale Securities; and Liz Ann Sonders, Charles Schwab with a look at what drove the market down 247 points on Monday; CNBC's Jackie DeAngelis with the day's market moving activity; and David Goldman, Macrostrategy.com, and Jeffrey Frankel, Harvard University provide insight on Europe's debt problems.
As Greece edges ever close to a heavily anticipated default, the European Central Bank needs to step up measures to support growth if it wants to prevent the euro zone from slipping back into recession, Barry Eichengreen, Professor of Economics and Political Science at the University of California, Berkeley told CNBC.com.