Just about a year ago this week, rumors started to circulate in the sometimes sleepy and boring world of municipal finance. The crisis talk went into overdrive, of course, when Ms. Whitney appeared on 60 Minutes andwarned that the $3 trillion municipal bond market faced the immediate threat of hundreds of billions of dollars in defaults.
With uncertainty shaking European and U.S. stock markets, investors must take the "leap of faith" that "we’re going to muddle our way through this and find the companies that are hitting new highs," Robert Doll, BlackRock chief equity strategist, told CNBC Tuesday.
The private sector has walked away from Europe as sovereign credit erodes in the euro zone and piled into cash. Fixing the European crisis will take at least five to 10 years, said Larry Fink, Chairman and CEO of BlackRock.
Many of the conference attendees are considered industry icons for outperforming their peers. Click to see the Hedge Fund elite, and how much money they’re managing.
The "seeds of stability" in the U.S. are there, with "some of the data turning against expectations, which are horrible," Eric Pellicciaro, managing director and head of Global Rates Investments at BlackRock spacer Fundamentals Fixed Income Group, told CNBC Monday.
Mining stocks will continue this summer's volatility, Evy Hambro, CIO of the natural resources team at BlackRock, told CNBC Friday. But strong fundamentals and expected commodities growth are not reflected in the share prices.
BlackRock President Robert Kapito recommends a balanced portfolio that is 60 percent global, dividend-paying stocks despite a "disheartening" week for the market.
President Barack Obama is expected to meet Friday afternoon with chief executives from Johnson & Johnson, Wells Fargo, US Bancorp , Xerox Corp , BlackRock and Silver Bridge, according to a source familiar with the plans.
Whatever comes out of the debt ceiling talks in Washington, the U.S. is headed toward a period of austerity, BlackRock Chief Equity Analyst Robert Doll told CNBC.
Stocks slipped in the final minutes of trading to end lower Wednesday as investors took a breather following a sharp rally in the previous session and amid ongoing jitters over the debt ceiling talks and fears over the euro zone crisis.
Stocks lost some ground in the final minutes of trading Wednesday as investors took a breather following a sharp rally in the previous session and after existing home sales tumbled unexpectedly to a seven-month low.
Futures were higher Wednesday on hopes that U.S. lawmakers will reach a deal to raise the debt ceiling and avert a default as well as optimism over company earnings after Apple’s results beat the street.
Fast pro Pete Najarian senses market sentiment turning positive. And if the latest moves in the Vix are any indication, the trend could stick around a while!
Larry Fink, one of the world's most high-profile investors, would like to put all his money in equities at the moment.
According to a new index of sovereign risk just released by BlackRock, Norway is the least risky nation on the planet. Read on to find out which other nations round out the Top 5.
The Chinese government is engineering a softer landing for the world’s second-largest economy, a fund manager specializing in Asia told CNBC Wednesday.
Financial companies have paraded into the Treasury Department and the Federal Reserve to say they are not large or risky enough to threaten the financial system, the New York Times reports.
BlackRock's Laurence Fink is not concerned with the current "soft patch" in the U.S. economy or the Dow industrials below 12000. In the long-term, he believes dividend-paying stocks will be a better investment than bonds.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
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