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We have lost track of limiting the role of government, with the intervening, stimulus packages and quantitative easing, says John Taylor, former Undersecretary for International Affairs/Stanford University economics professor, who discusses the five key principles for restoring the economy.
US stock index futures pointed to a mixed open for Wall Street, with Greece still locked in talks with private creditors over a haircut on some of its bonds and ahead of earnings by market bellwether General Electric. European shares have retreated from recent highs, with tech stocks very much in focus, but showing mixed performances.
S&P 500 futures suggest Wall Street will pull back fractionally from near 6-month highs with Google being the only real disappointment in earnings. European shares retreated today from their 5-1/2-month highs in the previous session as major stock index neared an "overbought" territory. Asian shares rose to fresh two-month highs as solid euro zone sovereign debt sales and signs that Greece may be nearing a vital debt-swap deal eased concerns over Europe's refinancing capability, boosting appetite for riskier assets.
Discussing the outcome of a possible debt deal in Greece and its impact on euro zone banks, with Dan Speckhard, former U.S. Ambassador to Greece.
The euro is up against the dollar, after a positive bond auction. Insight on what's next, with Willie Williams, Societe Generale institutional derivatives sales.
CNBC's Mandy Drury reports on the U.S. markets, which started up but have since pared some early gains. Financials are up today and up 8 percent year to date. Kodak files for bankruptcy protection. China's short-term lending rates fall sharply. And Moody's boosts Indonesia's credit rating to investment grade for the first time in a decade.
Market rally on U.S. banks and better euro zone sentiment. There was strong demand for Spanish and French bonds today. The dollar and euro gain on the sell-off in the Japanese yen. Italy's Monti intends to push Italian growth agenda. And Portugal's finance minister says there's "significant" foreign investor interest in its T-bill sale. With John Brynjolfsson, Armored Wolf.
Fed forecasts and inflation targeting makes it harder for traders to make money, says Doug Dachille, First Principles Capital Management CEO . "The whole essence of markets is that there are differing views about what the Fed's going to do. Once the Fed tells you what they think they're going to do, there are no different opinions and markets don't move," he says. Plus, banking is going to be a difficult business with regulators asking for more capital, he adds.
U.S. futures are down slightly ahead of a big day for economic news. Strong demand for French and Spanish bonds boosts markets in Europe. Spain sells 6.6 billion euros of government debt. French BTAN sales see solid demand, as well. Successful bond auctions drive the euro higher.
U.S. futures look to open in the red. Markets in Europe were mixed, although advancers outpace declines. Spanish and French bond auctions see strong interest. The Euro dips slightly after the auctions, even though Spain sold 6.6 billion euros worth of bonds, more than planned. Crude prices rise on hope of progress in the euro zone. In Asia, markets are higher following Wall Street's good day and the IMF funding plan. And Aussie shares are near flat on a surprise fall in December jobs data.
Michael Spencer, Chief Economist, Asia and Co-Head, Global Economics at Deutsche Bank says that there has been positive progress in Europe, and believes that we are getting closer to significant debt reduction for Greece.
Sean Egan, Egan-Jones Ratings Company president & managing director, discusses Germany's downgrade, amid growing debt and borrowing costs.
The World Bank is out with their semi-annual report on the health of the global economy and it's not a pretty picture. Mick Riordan, World Bank sr. economist, discusses.
As the markets in Europe close, CNBC's Simon Hobbs discusses the state of French, British and German markets.
Discussing how investors can navigate the uncertainty and volatility, with Tony Crescenzi, Pimco market strategist/portfolio manager.
Stephen Davies, CEO of Javelin Wealth Management, explains why he believes Germans are playing a complex political game to push through reforms.
Mad Money host Jim Cramer discusses Europe's strategy to get out of its debt crisis, and why U.S. markets rally, despite EU downgrades.
CNBC's Louisa Bojesen has the details on what investors can expect from Europe on Wednesday.
Despite the downgrade of nine European nations on Friday, stocks continue to rally. CNBC's Brian Sullivan points to four reasons for the bull run, with CNBC's Bob Pisani.
Richard Cookson, Citi Private Bank global chief investment officer, says that with the Euro Zone crisis front and center, the possibility of a catastrophic outcome is keeping it cautious on European equities. He also adds that the global economy will likely slow in 2012.
Bitcoin fans learnt that one of the virtual currency's exchanges will enforce customer verification checks from Thursday.
Google is challanging Apple's iPhone with MotoX, the FT reports.
The recent move by the Swiss government to allow banks to sidestep secrecy laws won't prevent them from depositing money in the country.
U.K. satellite operator Inmarsat launched the world's biggest commercial space operation over the weekend as part of a new telecoms network. Inmarsat CEO Rupert Pearce joins CNBC to discuss.
Antonio Garcia Pascual, chief euro area economist at Barclays, explains why the bank is overweight Europe and emerging markets and underweight the U.S.
Renowned investor Slim Feriani, the CEO of Advance Emerging Capital, tells CNBC why he likes riskier frontier markets best at the moment.