Trader Talk with Bob Pisani
featured
Today's rally: it's not about the January Nonfarm Payroll report. The January Nonfarm Payroll report was slightly below expectations and not very inspiring.
» Read More
More
Recession Possiblity Stirring Debate on Wall Street
Posted By: Bob Pisani
The hot topic on the Street is the probability of a recession. Robert Albertson, chief strategist at Sandler O'Neill, and this morning Angelo Mozillo, CEO of Countrywide both voiced fears that a recession was coming. Opinions are sharply divided on this. David Bianco, UBS' Equity Strategist, said earlier this month that the S&P seems to be signaling a "financial sector recession" (i.e. that a recession is expected to mostly affect financial sector profits).
»Read more
About Trader Talk
Direct from the floor of the NYSE, Trader Talk with Bob Pisani provides a dynamic look at the reasons for the day’s actions on Wall Street. If you want to go beyond the latest numbers— Bob will tell you why the market does what it does and what it means for the next day’s trading.
-
A CNBC reporter since 1990, Pisani reports on Wall Street and the stock market from the floor of the New York Stock Exchange.
Subscribe
Wall Street
-
London hedge funds Odey Asset Management and Egerton Capital are among those upping their bets against Monte dei Paschi di Siena in recent days, after revelations the troubled Italian bank faces heavy losses.
-
Yay, 14,000! Now what? Traders are looking for what's out there that could disrupt the bull run to new highs.
-
CNBC's Maria Bartiromo discusses the day's top business and financial stories, and looks ahead to tomorrow's Closing Bell.