LONDON, July 28- "The world of energy may have changed forever," according to Professor James Hamilton of the University of California. "Hundred dollar oil is here to stay." Hamilton, who is one of the most respected economists writing about oil, made his bold prediction in a paper on "The Changing Face of World Oil Markets", published on July 20.» Read More
The AP confirms today that the White House sidetracked dozens of major regulations prior to November's elections. Richard Rahn, CATO Institute, provides perspective.
What fixes does the GOP need? Katie Kieffer, Columnist and Political Commentator, says Republicans need to stop running boring moderates, or hypocritical preachers; and Mark Stevens, MSCO CEO, believes the Republicans should take a lesson on branding from the Democrats.
Brian Kelly of Shelter Harbor Capital assesses where stocks stand as fiscal cliff talks go nowhere, and also offers strategies to playing the global market. "You don't have to just trade the S&P 500, Australia is up, the Japanese Yen is doing well, and even look at Hong Kong," he says.
The markets are beginning to lose hope that Washington will compromise on a deal to prevent the fiscal cliff, explains Mad Money host Jim Cramer. The President is playing Mr. Cool, he says.
The Fast Money crew offers special CNBC.com-only advice on your investments.
Taking a closer look at the economic data expected from tomorrow, and how the markets might react, with Chris Tevere, Forex.com; Brian Evans, Bond Street Wealth Management; and Jeremy Lawson, BNP Paribas.
Barclays head of research, Larry Kantor, discusses his firm's economic outlook for 2013, in light of the fiscal cliff negotiations. "We think you're going to get some agreement [on the fiscal cliff], but it will probably be a band-aid agreement," he says.
When rates go up, prices go down, says CNBC's Herb Greenberg. "If you have an IRA, and you're worried about market risk, consider hedging it by shorting the market."
Discussing the state of the markets, and what investors should know, with Michael Yoshikami, Destination Wealth Management and independent trader Kenny Polcari.
The Swiss government said it was cautiously optimistic for the economic outlook assuming the euro zone debt crisis does not again escalate even as it trimmed its growth forecast for 2013 to 1.3 percent.
The FMHR traders share their final trades of the hour.
Speaker of the House John Boehner met with President Obama this weekend to speak about the fiscal cliff. "We are still waiting for the White House to identify what spending cuts the President is willing to make as part of the balanced approach that he promised the American people."
Brookstone CEO Stephen Bebis discusses why consumers like his products, and displays some current hot products. "Our products improve your quality of life," he says.
The Greek debt buyback attracted bids totaling nearly 32 billion euros, and are short by about 450 million euros on their targets, reports CNBC's Simon Hobbs. In general, however, there is optimism.
"We've got to get growth in our economy," says Former Obama Chief of Staff Bill Daley, in discussing the fiscal cliff talks.
Checking on the markets, with Chuck Gabriel, Capital Alpha Partners, and Andy Laperriere, ISI Group. The quality of any deal between the President and Congress will determine the direction of the markets.
Digging into the fiscal cliff negotiations in Washington, and what the impact could be for the U.S. economy if a compromise is not reached by years end, with Republican Policy Committee chairman Senator John Barrasso of Wyoming.
Discussing the top 5 CEOs most likely to be fired next year, with Rocco Pendola, TheStreet.com social media director and writer. "Steve Jobs was the retail architect," he says.
RBC Capital Markets is out with its 2013 housing market outlook this morning. RBC's Robert Wetenhall breaks down the report.
CNBC's Steve Liesman reports what participants of the CNBC Fed survey say about the probability of a recession, and the dangers of the looming fiscal cliff.