CNBC's Rick Santelli, Steve Liesman and Becky Quick report on the CPI numbers, which were down .1 percent for the month (core was up .1 percent). Santelli reports on the market reaction. Steve Forbes & Dan Greenhaus, Chief Global Strategist, BTIG, discusses the economic policies of 2008 and 2009, and where the world is headed from here.
David Dreman, Dreman Value Management, discusses his feelings about the Occupy Wall Street Movement, He feels the bad guys here were the investment banks, and that things haven't changed very much since the downturn. He also discusses capitalism's inherent flaws and the need for control over corporations--that the regulations in place need to be reinforced. He's not a fan of Alan Greenspan. Also, he discusses the ongoing budget negotiations and the idea that Warren Buffett is buying.
Daniel Mudd, Fortress CEO & director, explains how the hedge fund has been able to keep assets under management roughly unchanged at over $43 billion this year despite volatility in the markets.
"I think it's a pretty hard sell for Europeans to go to China or Brazil or Singapore or wherever and say, 'Hey guys, we've got this fantastic idea with you putting some of your money into a bailout fund that we're not prepared to put our money into," former EU Commissioner and Chairman of the BBC Trust Lord Patten told CNBC.