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Pro: Federal Reserve Will Need To 'Explain Themselves To The History Books'
Friday, August 16, 2019 - 11:08am | 386The Federal Reserve has "some explaining to do" if it speeds up the pace of interest rate cuts, CNBC quoted Chris Rupkey, chief financial economist at MUFG, as saying in a note. What Happened The Federal Reserve's recent interest rate cut in late July looks "more out of line...
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Erin Burnett Gets Upset With Michael Pento On CNBC
Tuesday, September 7, 2010 - 2:57pm | 125An interesting exchange just took place on CNBC's Street Signs between superstar anchor Erin Burnett and Euro Pacific Capital's Chief Economist Michael Pento. Burnett took offense in a debate over the Treasury market when Pento said the onus was on her to explain why foreign investors would...
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Pento, Whalen Say Big Banks May Suffer For Most Of The Year
Wednesday, February 3, 2010 - 7:59am | 158Senior market strategist at Delta Global Advisors, Michael Pento, and senior vice president and managing director at Institutional Risk Analytics, Christopher Whalen, spoke to CNBC about the predicament all major banks are going through. Pento said that banks are highly confused, with Obama asking...
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2010 To Remain Painful for Big Banks
Tuesday, February 2, 2010 - 11:45pm | 112Delta Global Advisors' senior market strategist Michael Pento, and Institutional Risk Analytics' senior vice president Christopher Whalen agreed that large banks will continue to suffer in 2010. The duo voiced this negative outlook in a Tuesday interview aired on CNBC. Total loans and leases for...