Media Appearance: CNBC’s Morning Call (6/18/08)


This morning, I’ll be doing the guest-hosting thing on CNBC’s Morning Call, from 11:00am til Noon.

Today’s topics:

Oil: After kissing $140, crude is now down to $133.

Credit Crunch: Bank and Broker stocks still have work to do

Fed Ex report: What does FedEx earnings have to say about a any recession ?

We saw a nice pop in retail sales, and some of it was inflationary — food and energy — and the rest of it was the rebate checks, about half of which now are spent.

More later . . .


Here’s one of 3 parts of today’s CNBC appearance:

Banks & Brokers
click for video


embedded video

Airtime: Wed. Jun. 18 2008 | :04:0 08 ET

Insight on the markets and financials, with Barry Ritholtz, Fusion IQ; Ed Sheidlower, Bryce Capital Management and CNBC’s Bob Pisani

Category: Media

The MonoDuoline Quandry

Category: Credit, Derivatives, Federal Reserve, Taxes and Policy

Chuck Prince Discovers the Housing Slump

Category: Corporate Management, Credit, Derivatives, Real Estate

Poole: Fed Has to Deter Inflation From Fueling Wages

Former Federal Reserve Bank of St. Louis President William Poole talks about monetary policy, the outlook for inflation and the housing market, and the Fed’s response to the turmoil in credit markets.

click for video

00:00 Fed’s stance on inflation, policy outlook
03:58 Core PCE; energy not a "temporary shock"
05:49 Inflation expectations, wage growth
07:12 State of U.S. banking system
08:32 "More pain" in housing market; energy prices
11:40 Fed’s response to credit market turmoil
14:01 Brokerage regulation; Fed’s independence
15:50 Fed "should stay clear" of dollar policy.

Poole Says Fed Has to Deter Inflation From Fueling Wages: Video
Bloomberg, June 17, 2008 09:51 EDT


Category: Federal Reserve, Inflation, Video

WSJ’s Greg Ip Going to The Economist

Category: Federal Reserve, Financial Press

Fun With Wordle

Category: Web/Tech, Weblogs

AP Fair Use & Blogging Link Policy

Category: Financial Press, Weblogs

Chart of the Day: Consumer Sentiment Hits 28 Year Lows

Category: Contrary Indicators, Psychology

Housing Starts Drop 32% to 17 Year Low

Category: Data Analysis, Real Estate

Washington Post: Boom, Bust & Aftermath Part III

Category: Credit, Federal Reserve, Real Estate