The 2012 bull market still has further to run, according to Paul Schatz, president of Heritage Capital, an independent investment banking and advisory firm. Instead of a major selloff, Schatz believes that the equity markets will only peak later on in the year, or early in 2013. But he’s undecided about whether this will incorporate a “sell in May and go away” mantra.
The Hungarian government is confident that sufficient progress has been made in its negotiations with the International Monetary Fund (IMF) and the European Commission over its controversial central bank law, and it believes talks can resume on a hoped-for economic development aid package for the country, the Hungarian Economy Minister told CNBC on Wednesday.
Paul Mascarenas, chief technology officer at Ford Motor Company, told CNBC, "This is the B -Max and not only is it a really cute little car, very innovative in terms of the doors and seating but what we are launching here is Sync, which is our connectivity system developed in partnership with Microsoft. It allows you to bring your mobile device into the vehicle, connect up through Bluetooth and then enjoy a very seamless operating experience in the vehicle."