CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.» Read More
Vince Boberski, an economist at FTN Financial, told CNBC’s “Squawk on the Street” predicted that the Labor Department's March jobs report will reveal that the economy created about 150,000 new jobs in March.
The outlook for equities is positive next week provided there is no ‘significant weakness’ in U.S. first quarter earnings, Mislav Matejka, European Equity Strategy at JP Morgan, tells CNBC.com.
Stocks are barely changed ahead of the opening and are likely to trade with some trepidation ahead of a three day holiday weekend. Tomorrow's jobs report is a big point of interest, but stock traders will be home watching their bond market brethren trade the number on a special jobs Friday edition of Squawk Box.
The Bank of England kept interest rates on hold at 5.25% as widely expected Thursday.
Australia's central bank skipped a chance to raise interest rates on Wednesday, confounding speculation it would tighten to cool domestic demand as insurance against future inflationary pressures.
Al Goldman, chief market strategist for A.G. Edwards, told CNBC’s “Street Signs” that he expects the market to continue to rise throughout the year. “We had madness in March and the market was down,” Goldman said Tuesday. “We needed the correction. Since 1950, April has been the best month for the Dow (Jones Industrial Average) of the year. The economic news is mixed and the market chooses to go up, which is a sign of resilience and an underlying bullish trend.”
Alec Young, equity market strategist for Standard & Poor’s, told CNBC’s “Squawk Box” that he expects many companies to beat lowered first quarter earnings expectations, but that won’t drive the market higher. “The market is trading around 15 times (earnings),” Young said Tuesday. “If you beat and come in at 6%, that’s not great for a 15 multiple. It may help the market stay where it is, but to get P/E expansion, I think you need earnings growth closer to double digits.”
St. Louis Fed President Poole said he would lean toward a further rate increase should inflation fail to come down and if the economy was only moderately weak.
The ISM index fell to 50.9 from 52.3 in February. How are bonds reacting to Monday's lukewarm ISM number? Kevin Ferry, chief market strategist at Cronus Futures Management joined Liz Claman on “Morning Call.”
Angelo Mozilo, chief executive officer of Countrywide Financial, told CNBC’s “Squawk Box” that Washington shouldn’t take proven loan products off the market in an effort to resolve the sub-prime mortgage crisis.
Risk to euro zone inflation remain and the European Central Bank will do what is necessary to ensure stable prices, the authority's president, Jean-Claude Trichet, said in newspaper interviews published on Monday.
The current trend of heavy M&A activity shows little sign of abating and investors could be set for another week of deals dominated by private equity groups. Last week saw bid approaches for Spanish airline Iberia, British drug retailer Alliance Boots and publicly traded British hedge fund Man Group.
Small caps have outperformed their larger counterparts for several years now: the S&P SmallCap Index returned 45% in the last three years -- that’s almost double the S&P 500’s 26% gain. Will the run last through 2007?
Defaults aren't relegated to subprime mortgage lenders and borrowers: Nick Riccio of Standard & Poor's cautioned that many overleveraged U.S. corporations may be vulnerable to a credit crunch.
A transcript, released by the Federal Reserve, of Chairman Ben S. Bernanke's testimony before the Joint Economic Committee in Washington on March 28, 2007.
Susan Wachter, a professor of real estate and finance at the Wharton Business School, told CNBC’s “Morning Call” that the current housing slump won’t necessarily drag the economy into recession. “It certainly heightens the possibility of a recession,” Wachter said Tuesday. “I don’t see that it makes it inevitable by any means.”
The top executive at Coldwell Banker said this is the best time in ten years to buy a house because interest rates remain low, inventory is high and prices have stabilized.“It’s still a buyer’s market,” Jim Gillespie told CNBC’s “Squawk Box” on Tuesday. “This is absolutely the best time to buy.”
When is a debate not a debate? When the two sides essentially agree -- as did WealthTrust-Arizona's Heath Bray and Putnam New Value Fund's David King when they discussed the economy, the government and the Federal Reserve with CNBC's Bill Griffeth.
Christopher Low, chief economist at FTN Financial, told CNBC’s “Squawk Box” that he expects tightening mortgage standards to hit the housing market this spring.
Here's a video roundup of what our top market watchers have to say about this week's action and where the stock market goes from here.