Closing Bell
'The Early Show' Blows it on Stock Market Fears
January 28th, 2008 5:51 PM
It was supposed to be a bad day in the American stock markets according to CBS's "The Early Show." Guess what - they were wrong. "Hong Kong's Hang Seng market was down more than 4 percent," Julie Chen said on the January 28 "The Early Show." "Tokyo's Nikkei index off about 4 percent. Wall Street may have a rough morning in advance of President Bush's final State of the Union address tonight.…
Soros Calls for Government Control of Markets, Even If It Means ‘Wip
January 23rd, 2008 5:11 PM
Billionaire investor George Soros called for more government monitoring and involvement in markets in an interview on CNBC January 23."Now we really have to reconsider the whole policy, which has been in my opinion misplaced, of relying on the markets to police themselves," Soros told Maria Bartiromo in Davos, Switzerland, "to recognize the risks. And there are risks which it is the job of the…
CNBC Expert Warns of $150-200 Barrel Oil
November 20th, 2007 5:32 PM
Imagine seeing this prediction on your television screen: "Oil will hit $150 or $200 during this commodity bull market." Makes you want to stockpile oil while it is priced at $98 a barrel, but such was the case on CNBC today. Credit Billionaire Jim Rogers, described as a commodities guru and a founding partner with the infamous George Soros of the Quantum Fund in 1970. He told Maria Bartiromo…