The rampant growth of credit in China appears to be forming a bubble, Jim Chanos of Kynikos Associates told CNBC. Chanos, who has been bearish on China, said that its economy has been deteriorating. "I actually think it's gotten worse." He said that credit was to blame.-RealClearMarkets.com [expand title="Click here to see the video."] [/expand] … [Read more...]
VIDEO: Fed’s Lacker Would End QE Now
CNBC: Richmond Fed President Jeffrey Lacker told CNBC Thursday that "if you made me dictator" the Federal Reserve would stop its massive bond-buying program. [expand title="Click here to read more."] [/expand] … [Read more...]
VIDEO: Sam Zell: Stock Market Feels Like Housing in 2006
[expand title="Click here to read more."] [/expand] … [Read more...]
VIDEO: Are We Walking Into a Housing Bear Trap?
[expand title="Click here to read more."] April 3 (Bloomberg) -- Graham Fisher's Josh Rosner and Barclays' Barry Knapp discuss U.S. housing. They speak on Bloomberg Television's "Street Smart." (Source: Bloomberg)[/expand] … [Read more...]
VIDEO: Fed Has Become ‘Serial Bubble Machine’: Stockman
April 1 (Bloomberg) -- David Stockman, former director of the Office of Management and Budget under President Ronald Reagan, talks about the impact of Federal Reserve policy on financial markets and the outlook for the U.S. economy. Stockman, author of “The Great Deformation: The Corruption of Capitalism in America,” speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg) … [Read more...]
VIDEO: Krugman Can’t Admit He Was Wrong on Austerity: Latvia PM
CNBC: Valdis Dombrovskis, prime minister of Latvia, said Paul Krugman is wrong in his criticism of Latvia's austerity measures and that his country will join the euro on January 1 next year. … [Read more...]
VIDEO: Marc Faber: You Have to Look at the Economic Details
CNBC: Wed 13 Mar 13 | 09:05 PM ET Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, says you have to look at the details of the economic numbers because what is published doesn't necessarily reflect reality. The Fed will not increase interest rates, he says, but the market may push them higher. … [Read more...]
VIDEO: U.S. Will Be 99% Energy Independent by 2030: BP CEO
March 7 (Bloomberg) -- Bloomberg's Adam Johnson sits down with BP CEO Bob Dudley and discuss Venezuela's largest oil reserves and how new leadership in Venezuela will make an impact. They speak on Bloomberg Television's "In the Loop." … [Read more...]
VIDEO: Sen. Corker Lays the Smack Down on Bernanke
VIDEO: James Grant on Economy, Price of Accommodation
Feb. 25 (Bloomberg) -- James Grant, publisher of Grant's Interest Rate Observer, talks about global central bank policy and the outlook for automatic U.S. federal spending cuts set to begin March 1. Grant, speaking with Tom Keene, Sara Eisen, Michael McKee and Scarlet Fu on Bloomberg Television's "Surveillance." also talks about the U.S. economy and the Federal Reserve's policy on quantitative easing. (Source: Bloomberg) … [Read more...]
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