SEJONG, SOUTH KOREA, Dec 22- South Korea cut its bullish growth forecasts for both this year and next but its revised projections were still seen as too optimistic, supporting expectations of an interest rate cut early next year. The Ministry of Strategy and Finance forecast on Monday the economy will grow by 3.4 percent this year, down from 3.7 percent projected...» Read More
Former Council of Economic Advisers Chairman Austan Goolsbee discusses when the Fed may decide to taper. "I think there is at least a 50 percent chance the Fed decides to taper at the next meeting," he says. JPMorgan's Thomas Lee, weighs in.
CNBC's Eunice Yoon reports from Beijing where China's ruling party is preparing to reveal its reform agenda for the next decade. President Xi Jinping is trying to find a way for China to rely on consumption instead of investment.
The S&P 500 is up 24 percent in 2013. Thomas Lee, JPMorgan chief U.S. equity strategist, shares his economic forecast for cyclical stocks currently trading at low multiples.
What to watch in tomorrow's trading session, with Oliver Pursche, Gary Goldberg Financial, and Pete Benson, Beacon Capital Management.
Where the retail investor is putting their money now, with Sam Stovall, S&P Capital IQ, and Scott Wren Wells Fargo Advisors. "I still don't think we have a majority of retail investors in the market," explains Stovall.
Calling the next move in oil is Addison Armstrong of Tradition Energy. "I think the markets got a little ahead of themselves last week as Brent was off really sharply," he says.
Discussing current economic activity, and the next move for equities, with Goldman Sachs chief economist Jan Hatzius.
Goldman Sachs Chief Economist Jan Hatzius says it is "more likely" the Fed will want to begin taper plans as early as March after the chair transition.
People are buying the dips into year end, explains Jeffrey Solomon, Cowen & Company CEO. "Equities are reasonably valued," he says.
CNBC's Jackie DeAngelis reports on the international talks between Iran and the P5+1 group. Also, China's October industrial production number came in better-than-expected.
Fed. Chairman Ben Bernanke said on Friday that there was still an "awful lot of slack" in the labor market, but said that economic data doesn't provide an accurate measure.
What to watch in tomorrow's trading session, with Michael Pepe, JHS Capital Advisors, and Matthew Roddy, Rockland Trust.
What to watch in tomorrow's trading session, with Jeff Taylor, Digital Risk Management.
What to watch in tomorrow's trading session, with Jimmy Lee, Strategic Wealth Associates, and Oliver Pursche, Gary Goldberg Financial Services.
Anticipating Thanksgiving and Black Friday madness and the state of the consumer with Jan Kniffen of Worldwide Enterprises.
Is Janet Yellen going to be the "empress of the doves?" Alan Valdes and Warren Meyers of DME Securities, discuss their Fed and economic forecasts.
What to watch in tomorrow's trading session, with Robert Smalley, UBS; Vince Lowry, Revenue Shares; and Jim Kee, South Texas Money Management.
Discussing why stocks are going up, and the state of consumer spending, with Michael Holland, Holland and Company, and Michael Ozanian, Forbes Magazine.
Discussing the risks involved for companies who hold too much cash, and what Apple can do to make use of it, with Chris Cordaro, RegentAtlantic Capital CEO & CIO, and Max Wolff, ZT Wealth senior analyst.
Apple shareholders Ross Gerber, Gerber Kawasaki CEO, and David Pearl, Epoch Investment Partners executive vp, discuss Apple's stock price and what they think about Icahn's proposed buyback.