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Warren Buffett says he likes the dollar better than most currencies. That, he explains, is by virtue that many of the assets he owns are dollar denominated.
Monday, May 7, 2012 - 8:33am | 119Read More...He echoed friend and fellow multi-billionaire Bill Gates, who told CNBC earlier on the weekend that, even though there were currencies based on better fiscally run economies, there was no single currency that offered any real alternative to the dollar currently. Buffett did say he was adequately...
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Warren Buffett: 2.2% GDP Growth For Next 100 Years Would Be Nirvana
Monday, May 7, 2012 - 7:15am | 186Read More...Warren Buffett has a balanced view on muted current economic reports, such as last week's jobs report. Buffett says he is not surprised there were no more jobs created without a more meaningful pickup in residential construction. "When we see a million residential units constructer annually," he...
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Buffett: Agnostic on Facebook
Monday, May 7, 2012 - 6:47am | 157Read More...Famed Investor and wealthiest American Warren Buffett is not buying into Facebook (NASDAQ: FB) anytime soon, but that does not mean he does not agree with its impressive story. "I tend to be an agnostic on companies like Facebook," the Oracle of Omaha told Becky Quick in a live interview on CNBC'...
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El-Erian: Long-Term Unemployed Remain a Major Problem
Wednesday, April 25, 2012 - 8:51am | 139Read More...Mohamed El-Erian believes the "New Normal" in unemployment will stick around for at least one more year. Appearing on CNBC's Squawk Box, PIMCO's CEO and co-CIO said that the 5 million long-term unemployed remained a huge issue to be solved before we can talk about the narrative changing on the...
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Wharton's Seigel Remains Bullish
Wednesday, April 25, 2012 - 8:27am | 134Read More...Wharton professor Jeremy Siegel appeared on CNBC's Squawk Box earlier. Seigel stated that equities, relative to interest rates, were at the most attractive levels he has seen in his lifetime. When asked about the possibility of rising interest rates, Siegel stated that the 10-year will only go to 4...
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Ron Paul Takes on the Fed, Paper Money, and the Treasury Market on Squawk Box
Monday, April 23, 2012 - 11:01am | 537Read More...Ron Paul resents suggestions that his continuing presidential campaign is now largely to influence the political conversation rather than following a realistic change of a candidacy in the general election. “Why can't it be both?” the famed Texas congressman known for pulling no punches said as...
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$148 Oil A Possibility - T. Boone Pickens
Thursday, April 5, 2012 - 8:03am | 182Read More...T. Boone Pickens thinks a $148 barrel of oil is a distinct possibility should the economy increase at the current clip. However, he says we are dealing with two distinct markets, and so far the domestic oil industry has done "a great job" on limiting the exposure of the domestic market from what he...
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Bob Doll: Apple's Dividend, An Inevitable
Monday, March 19, 2012 - 8:21am | 338Read More...Bob Doll, BlackRock's (NYSE: BLK) Chief Equity Strategist, believes Apple's (NASDAQ: AAPL) widely expected dividend is an inevitable. "Apple has had a massive run, at least some of it on the back of its massive cash flow on the balance sheet and the inevitable, that they will give us a dividend,"...
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William Greene: Dodd-Frank is the Wall Street Protection Act
Friday, March 16, 2012 - 8:51am | 481Read More...William Greene believes Washington is unfairly pressuring "relationship Main Street" in favor of "transactional Wall Street." He believes current regulation compliance has become so unfeasible for banks with sub-billion-dollar asset bases, that we will see a whole wave of consolidation through...
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John Hoffmeister: President Has the Power to Lower Oil Prices
Friday, March 16, 2012 - 7:07am | 214Read More...John Hoffmeister believes the President of the United States would have the power to meaningfully and sustainably affect oil prices if the will is there to do so. He spoke this morning to CNBC's Squawk Box. "I think that, if the President showed leadership, and said to the american people--and...
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Whalen: If You Are Regulated by the Fed, You Are Too Big to Fail
Wednesday, March 14, 2012 - 9:08am | 283Read More...Discussing stress test results, Christopher Whalen believes banking regulations are unfairly favoring the big banks at the expense of smaller ones. Asked on CNBC's Squawk Box whether the current regulation is asking banks to be overcapitalized, the Tangent Capital Partners Sr. Managing Director...
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Dick Bove: Disaster in Europe, Biggest Single Gift to American Banking Industry
Wednesday, March 14, 2012 - 8:26am | 419Read More...Dick Bove believes the good news from the successful stress test results announced yesterday simply confirmed what people had overlooked while they "freaking out over Europe, which happened to be a bonanza for the American banking industry." "If you wanted to say what was the single biggest gift...
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Steve Bartlett: Dodd-Frank Act, More Laborious than the Panama Canal
Wednesday, March 14, 2012 - 7:41am | 312Read More...Steve Bartlett sees the Fed Stress test as an all-around success, showing that the nations biggest banks are far better capitalized, and with much less risk than three years ago. However, while the Dodd Frank Act has brought forth some needed reform, it also contains some excesses that will need...
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El-Erian: GDP, Employment No Longer In Sync
Monday, March 12, 2012 - 9:25am | 341Read More...PIMCO's CEO and co-CIO Mohamed El-Erian thinks the continuing deep levels of unemployment are courtesy of the US economy's increased efficiency. Appearing on CNBC's Squawk on the Box this morning, El-Erian addressed the apparent disconnect between changes in unemployment and GDP. "Unemployment...
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Bill Graves: $15 Billion Passed On to Consumers from Higher Gas Prices
Monday, March 12, 2012 - 7:48am | 374Read More...Former Kansas governor Bill Graves estimates an additional $15 billion will be passed on to consumers from the trucking industry annually from as a result of higher fuel prices. Mr. Graves, currently the CEP of the American Trucking Association estimates the amount based on the assumption that...

