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June 21, 2024
Smallest in years. Europe is in terrible shape. You look at an early come you look at spain, you look at france. They are all hovering around zero growth. To be the, which used strong point, it is not much better. So i think that europe is in very bad shape. European shares slump today dax fallingman to a oneyear low. Board has won all 12 seats on dardens board. They were angry over the selling of red lobster, and has just ofen darden a 300 page list improving the business. European nations are ...
June 21, 2024
Auction site. Business name that improving revenue it is aimed at improving revenue. The company, which makes software that allows people to sign documents digitally will use the money to expand internationally. First to our lead, hp is taking a page out of ebays book and will split into two separate companies. The move will allow it to better adapt to changing economies and shareholder value. As part of the move they are also having another 5000 jobs, bringing the total job cuts to 55,000. Cory...
June 21, 2024
The japan has struggled to shake off the impact of last april. Shinzo abe is expected to put off another tax hike to next october. The tax may not be imposed until 2017. Of more a lot of talk sanctions on russia. European Foreign Ministers are meeting today to discuss expanding a list of individuals being targeted. Meanwhile, russia hospiras in a, Vladimir Putin, left the g20 they toldposco prudent to quit arguing quit Arming Ukrainian rebels. At one point he ended up leading lunch by himself. H...
June 21, 2024
Bonuses will be cut up to 10 according to people briefed on the matter. Citigroups ceo said fourthquarter trading revenue would be down 5 . The house approved the construction of the keystone xl pipeline. The senate is expected to follow suit, setting up a confrontation with president obama, who said he will veto the bill. The president of the American Action forum says the pipeline is critical to canada. From a canadian point of view, they get access to a market they would like to compete in. I...
June 21, 2024
From our studios in new york city, this is charlie rose. Larry summers is here. He is president of harvard university. He served as director of president obamas economic council. The ecb said they will buy more than one trillion in assets. I am pleased to have Larry Summers back at the table. You were at davos, i was at davos. What was the sense about the economy and the state of the world . The theme was said to be the context. Charlie, it was something intermediate. It was not euphoric but not...
June 21, 2024
Citigroups ceo said fourthquarter trading revenue would be down 5 . The house approved the construction of the keystone xl pipeline. The senate is expected to follow suit, setting up a confrontation with president obama, who said he will veto the bill. The president of the American Action forum says the pipeline is critical to canada. From a canadian point of view, they get access to a market they would like to compete in. It is a better way to transport oil. It is safer. If you dont have a keys...
June 21, 2024
From our studios in new york city, this is charlie rose. Larry summers is here. He is president of harvard university. He served as director of president obamas economic council. Last week, the ecb said they will buy more than one trillion in assets. I am pleased to have Larry Summers back at the table. Welcome. Good to be with you, charlie. You were at davos, i was at davos. What was the sense about the economy and the state of the world . Because the theme was said to be the context. Charlie, ...
June 21, 2024
March of 2011. We start off much like europe with weaker than expected pmis. Will that paint the first big data picture and supply information for the rest of the year . Im not sure. We just breached that big settlement from october 15th at 2. 14. The 10 year at 2. 13 bund getting closer to 40 basis point handle. Unbelievable the money into bonds. Lets bring in david rosenberg. Anything to worry about there with the miss in manufacturing . Its still a pretty strong number. Well its a diffusion i...
June 21, 2024
I am amused by those who point to the small size of the Greek Economy to the relatively small size of the Banking System and suggest it means it has no or very little systematic risk. I think we should have learned over the last two years that none of us can fully and easily anticipate where Systemic Risk may come from. European stocks advanced on news of the greek retreat. Germanys 10 year yields are below those of japan for the very first time. Australia, the central bank unexpectedly cut its ...
June 21, 2024
From our studios in new york city, this is charlie rose. Larry summers is here. He is president of harvard university. He served as director of president obamas economic council. The ecb said they will buy more than one trillion in assets. I am pleased to have Larry Summers back at the table. You were at davos, i was at davos. What was the sense about the economy and the state of the world . The theme was said to be the context. Charlie, it was something intermediate. It was not euphoric but not...