Skip navigation
Watchlist Sponsored By :


Current DateTime: 06:38:30 09 Nov 2009
LinksList Documentid: 33482595

Current DateTime: 06:38:30 09 Nov 2009
LinksList Documentid: 24355697

FEATURED QUIZZES


Current DateTime: 06:38:30 09 Nov 2009
LinksList Documentid: 33793611

Current DateTime: 06:38:30 09 Nov 2009
LinksList Documentid: 24890560
  • Winterizing Your Portfolio

      If 2009 was the winter of our discontent, will 2010 be a winter wonderland for investors? A lot depends on the recovery—or lack thereof.

  • Investor's Guide to Real Estate

      Some even say the long-awaited recovery is here. Regardless, buyers and sellers alike can profit from our guide.

  • Alternative Investing

      Stocks and bonds? Sure. But it's a big world out there for investors.

powered by digg
By: Natalie Erlich,, News Associate | 19 Mar 2008 | 10:53 AM ET
Text Size

A day after the Federal Reserve cut interest rates another three-quarters of a point, CEOs joined Squawk Box to share their outlook on the economy and markets.

AutoNation CEO: Bernanke has it right

“It took him a while to get to the party and he sent confusing and disorienting signals through most of last year, but I think he absolutely has it right now. He’s got to be on full flight recession mode, and we’ll worry about the dollar, and commodities and inflation later.”

- Mike Jackson, AutoNation CEO

Wilbur Ross: It's just volatility

“My own opinion is that it’s just more of the same volatility. We’re in a situation if a human’s EKG were as erratic as this, you’d say the guy was about to die.”

- Wilbur Ross, WL Ross & Co. chairman & CEO

Darden CEO on inflation

“We expect on the grain side to still see some price movement upward. On proteins a little less so… a mixed bag… Certainly there are some pressures on discretionary income and with what we see as a result of that is fewer restaurant visits across the board in all segments. And, our goal is to remain a preferred option for consumers.”

- Clarence Otis, Darden Restaurants CEO

Shell Oil U.S. Operations CEO: Gasoline is a bargain

“If we were passing off the full cost of what we’ve seen in the run-up of crude, the retail price of gasoline would be much higher. Generally the crude price is about 55 percent the cost of gasoline, so we would be running it up considerably. But, because we’ve had a bit of a slowdown in the marketplace, we’ve seen margins for manufactured products decline and people will price it on the street based upon what it takes to unload their gasoline. Well, actually a lot of people will hate me for saying this but gasoline is a real bargain right now give the crude price.”

John Hofmeister, Shell Oil U.S. Operations CEO

© 2009 CNBC.com
Tools:
Print EmailAdd This share icon
  • digg share

CNBC HIGHLIGHTS

  • Do free market libertarians really believe what they say about ethics and shareholder value? The Big Money takes a look.
  • Jim Cramer
  • Cramer did the research and found eight stocks that lead the pack. Read on to get his top picks.
  • On the anniversary of the fall of the Berlin Wall, many in the former Eastern Bloc recall communism fondly.
  • Gavel
  • Software, biotech firms, even banks are watching a particular Supreme Court argument today.
  • From politicians to CEOs to companies, here's your chance to vote for the winners and losers of 2009.
  • A new sinister Internet viruses can turn you into an unsuspecting collector of child pornography.
ADD COMMENTS
Remaining characters


Current DateTime: 03:21:08 09 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 08:52:06 09 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 04:47:44 09 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 08:52:07 09 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters