HHS Secretary Kathleen Sebelius announced she is looking to appoint a new risk officer at the Centers for Medicare and Medicaid, reports CNBC's Bertha Coombs.
Discussing how the markets are anticipating a potential taper around the corner, with Joe Tanious, JPMorgan Funds, and David Bailin, Citi Private Bank. "People should look beyond the taper," says Bailin.
CNBC's Eamon Javers reports a 2-year bipartisan federal budget deal has been announced. The deal has $45 billion more in 2014, than in the Budget Act of 2011.
Stephen Schwartz, Chief Economist for Asia at BBVA, says that risky assets could see a bout of volatility when tapering happens.
Paul Trainor, Senior Portfolio Manager at Macquarie Private Portfolio Management says investors should be careful before jumping into the stock, despite a 30% fall over the past two days.
Marty Mosby, Banking Analyst at Guggenheim Partners, tells CNBC's Cash Flow that the Volcker Rule has already been priced into banking stocks and interest rates.
Jose Vinals, director of the Monetary and Capital Markets department at the IMF, stresses that while Europe has started to recover, more needs to be done on fiscal policy and banking regulations.
Morten E. Astrup, founding partner at Storm Capital Management, explains that the Norwegian high-yield market is outperforming its U.S. counterpart and should continue to do so for another couple years.
Marcus Ashworth, head of fixed income at Espirito Santo Investment Bank, says that while Italy's Prime Minister Letta is in a strong position, there will be "constant scares" as the economy remains a real problem.