David Rosenberg, chief economist and strategist at Gluskin Sheff, and the CNBC news team look ahead to today’s GDP data and share their economic outlooks.
Airtime: Tues. Nov. 24 2009 | 7:30 AM ET
While yesterday's US stock market close was poor, Asia and Europe didn't follow today as debt in Greece, Spain, Portugal, etc... rallied, their CDS narrowed and stocks bounced. The Greek finance minister said January tax revenues came in above expectations and that spending was below target for the month and said "that means the deficit reduction for January is well within what we have promised." The euro is rising in turn. Also helping is the story that Trichet is headed to the European Union leaders summit a day early in order to address Greece's problems even as the Greek finance...
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November 24th, 2009 at 2:21 pm
i wanted to listen to what rosenberg has to say, but, i can’t stand the bs…@2:50, still he has not said one word…too bad
November 24th, 2009 at 4:35 pm
That was a laugh and a good listen. Just move the slider forward to about 2.5 min.