Last Call
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http://www.cnbc.com/last-call 02-09-2011 14:38:31
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'We have been cautiously bullish for the last 8 months,' says The Kobeissi Letter's Adam Kobeissi. 'Sentiment is just so euphoric right now and so strong that it's tough to even fight it.' $SPX
What does Paramount's earnings call and Led Zeppelin's 'Stairway to Heaven' have in common? Brian Sullivan reveals the answer. $PARA
Meet the entrepreneur who turned 'ugly' produce into profit. CNBC Make It #makeitmondays
'If you want to bet on economic security for your future and you have the money for a down payment, it's always better to buy than to rent,' says Bess Freedman as a study shows renting is more affordable in most major cities.
'They didn't entertain anybody else for a lot of roles. Now what's going to happen is they're going to open up the bottleneck,' says Tom Gimbel as data shows employers are souring on Ivy League students.
What does Paramount's earnings call and Led Zeppelin's 'Stairway to Heaven' have in common? Brian Sullivan reveals the answer. $PARA
'We have been cautiously bullish for the last 8 months,' says The Kobeissi Letter's Adam Kobeissi. 'Sentiment is just so euphoric right now and so strong that it's tough to even fight it.' $SPX
Are investors ignoring market risks? Brian Sullivan explains how two letters are getting most of the attention on Wall Street.
'I think you're going to see a pretty material Chinese devaluation, and I think you're going to see the Hong Kong dollar break the peg at some point in time in the future,' says 🇺🇸 Kyle Bass 🇹🇼 after Japan's currency hit a 34-year low against the dollar.
'I do believe he'll still have a job on Monday, but I don't know how much longer he will be in his position,' says The Wall Street Journal's Jessica Toonkel who reported that Paramount is considering removing CEO Bob Bakish as turmoil over sale talks deepens. $PARA
'Unfortunately, what [the Fed] just taught Congress is 'we have your back no matter what,'' says 🇺🇸 Kyle Bass 🇹🇼. 'Last year, our government brought in about $4.4T of receipts and spent $6.1T. We ran a 40% of receipts deficit at full employment. We just went full crazy.'
How did an iPhone survive a 16,000 ft. drop when a Boeing 737 MAX 9’s fuselage ripped open in January? The Wall Street Journal's Joanna Stern investigated.
Federal authorities say a “critical safety gap” in Tesla’s Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities. Lora Kolodny reports. $TSLA
'The company insists its got it all under control. I suggest there's an issue here that will rear it's head in coming quarters,' says Herb Greenberg as he sounds the sirens on Signet Jewelers. $SIG