Posts filed under “Video”
Merrill’s Chief Economist is not very sanguine on the odds for a quick bounce back.
David Rosenberg, chief North American economist at Merrill Lynch & Co., talks about the May U.S. employment report, the possibility of "stagflation" in the U.S. economy and the outlook for growth.
00:00 Jobs report, outlook for U.S. economic growth
07:31 Home prices; inflation-commodity price link
13:00 Home market outlook; "It’s not stagflation."
15:55 Bond spreads; consumer price inflation
19:41 Is America ready to retire?
Running time 21:05
Last Updated: June 6, 2008 17:49 EDT
Rosenberg Sees ‘No Better’ Than 1% U.S. Growth in 2009: Audio
June 6 2008
I’m told that’s been running a couple of months, which shows you how often I’m at that part of the site.
Let’s pull a random, video to show — hey, how about this one? We showed you the ad for "Buy One House, Get One Free" on Tuesday; Later that day, TheStreet.com had an interview with my friend, Paul Kedrosky — who not only is a Real Estate guru (WTF?!) but loves the smell of Napalm in the morning !
Aside from that slight shift in title (from college professor and VC to
love guru, here’s the accompanying video:
California: Buy One House, Get One Free (June 03, 2008 | 09:00 AM) http://bigpicture.typepad.com/comments/2008/06/california-buy.html
Jeffrey Saut, chief investment strategist at
Raymond James & Associates in St. Petersburg, Florida, talks about the outlook for financial and housing markets, investing in
dividend-paying stocks, and some of his equity recommendations.
Jeffrey Saut Doesn’t See Bottom in Financials, Housing: Video
Bloomberg, June 3 2008
Billionaire Boone Pickens, founder and chairman of BP Capital LLC, talks about his investment in wind power, the impact of speculation and demand on oil prices and Microsoft Corp.’s efforts to buy Yahoo!
Pickens Calls Speculation a `Scapegoat’ for Oil Prices: Video
Bloomberg, June 2 2008
On Wednesday, Dow Chemical Chief Executive Andrew Liveris made a high-profile announcement that Dow would
increase its prices by as much as 20%, starting June 1. Dow, the top
U.S. chemical company, said the plan was necessary to offset the impact
of rising costs for energy and related raw materials. Over the past
year, Dow has already increased its price by about 12%, but
those price changes have been phased in gradually rather than
implemented all at once.
In the interview, Liveris said he thinks the U.S. is underestimating
the level of inflation in the economy and he expects the rise in energy
costs is beginning to destroy demand. Liveris expects the price increases his company made will eventually be passed on to the consumer:
Andrew Liveris on CNBC
"I do think we’ve hit a raw nerve," Liveris said in an interview on
CNBC’s "Squawk Box." "I do think, out there in the world that we all
are living in, I think the consumer is screaming, and I think it’s the
topic du jour, and every company is in a different part of the value
"We’re in a part of the economy that is very elastic," he said. "So unlike electricity, or unlike transportation, which up until now has been relatively inelastic, we’re getting demand-destroyed."
Liveris estimates Dow uses about one percent of the U.S.’s electricity to make its products, which become components of other consumers goods, and the equivalent of about one million barrels of oil a day.
"We’ve done everything at Dow to be cost-efficient, energy-efficient," he continued. "We’ve diversified our mix. We’ve gone overseas for low-cost joint ventures. I think everyone has to bear some of this out-of-control energy policy."
Dow Chemical CEO Says US Underestimating Inflation
CNBC.com | 30 May 2008 | 08:14 AM ET