“Stimulus” and “fixing the banks” are the key words dominating this week’s batch of video clips.
Although the mood is decidedly gloomy, if not outright doom, good viewing material was produced. A few of the more interesting clips are shared below, with the likes of Robert Arnott (whose Reseach Affiliates is a business partner), Frederic Mishkin, Julian Robertson, Paul Volcker, Carl Icahn, Nouriel Roubini, Martin Wolf, Ron Paul and Jim Rogers in attendance.
In lighter vein, this week’s compilation kicks off with Stephen Colbert stimulating the psyche in his own unique way.
Colbert Nation: The audacity of nope
“If Republicans can’t have a perfect bill to stimulate the economy, they’d rather have no economy at all.”
Source: Stephen Colbert, Colbert Nation, January 29, 2009.
Morningstar: Arnott – where the investment opportunities are
Source: Morningstar, February 3, 2009.
Bloomberg: Interview with Oppenheimer’s Meredith Whitney
Source: Bloomberg (via YouTube), February 4, 2009.
Bloomberg: Mishkin says US must fix banks for stimulus to succeed
“Former Federal Reserve Governor Frederic Mishkin talks with Bloomberg’s Kathleen Hays about the need to ‘fix’ the US financial system for President Barack Obama’s economic stimulus package to succeed. Mishkin, an economics professor at Columbia University, also discusses the outlook for the US economy, proposals to rescue banks and Fed policy.”
Source: Bloomberg, February 3, 2009.
CNBC: Julian Robertson – how to fix the banking mess
“Hedge fund legend Julian Robertson, chairman of Tiger Management, and David Roche, of Independent Strategy, discuss the best ways to fix the banking mess.”
Source: CNBC, January 30, 2009.
CNBC: Volcker on regulation
“Former Fed Chairman Paul Volcker tells the Senate Banking Committee what he believes needs to be done to modernize the financial regulatory system.”
Source: CNBC, February 4, 2009.
CNBC: Obama & Geithner on executive compensation
“President Barack Obama and Treasury Secretary Tim Getihner discuss executive compensation limits for TARP recipients.”
Source: CNBC, February 4, 2009.
CNBC: Icahn on Wall Street pay caps
“President Obama unveiled new rules to curb executive pay at companies that accepted TARP money. Billionaire investor Carl Icahn and the Fast Money traders discuss.”
Source: CNBC, February 5, 2009.
Bloomberg: Roubini says ECB “wrong”, rate cuts too little, too late
“Nouriel Roubini, professor at New York University’s Stern School of Business, talks with Bloomberg’s Ellen Pinchuk about the global economy and European Central Bank monetary policy.”
Source: Bloomberg, February 4, 2009.
Charlie Rose: A conversation about the World Economic Forum with Martin Wolf
Source: Charlie Rose, February 2, 2009.
Financial Times: Chris Giles on the gloomiest Davos in memory
“FT economic editor Chris Giles explains the lessons from this year’s annual WEF meeting in Davos.”
Source: Financial Times, January, 2009.
CNBC: Odey’s Carn – recession gets global
“Every country is in the same boat with the ongoing global recession and all will be affected, Nick Carn from Odey Asset Management told CNBC Tuesday.”
Source: CNBC, February 3, 2009.
YouTube: Ron Paul at Mises Institute on “End the Fed”
Source: YouTube, January 24, 2009.
CNBC: Blackrock’s Bob Doll on sectors to invest in
Source: CNBC, February 2, 2009.
Bespoke: Bespoke’s Hickey on the January effect
Source: Bespoke, January 30, 2009.
CNBC: Dr. Doom – Asian markets pay you to wait
“Marc Faber, Editor of The Gloom, Boom & Doom Report, feels that the US market at current levels isn’t cheap. Asian markets, on the other hand, are much more value for money – there are stocks that pay you to wait out the recession. He shares his thoughts with CNBC’s Martin Soong.”
Source: CNBC, February 6, 2009.
Financial Times: Lionel Barber profiles Wen Jiabao
Lionel Barber discusses his in-depth interview with Wen Jiabao, dubbed the “mandarins” mandarin. He looks at the Chinese premier’s disagreement with the US over the renminbi, and his plans to boost China’s consumer speding.
Source: Financial Times, February 2, 2009.
CNBC: More stimulus measures for China?
“Following comments from China’s premier Wen Jiabao that more stimulus measures may be needed to boost the economy, Glenn Maguire, Asia Pacific chief economist at Societe Generale tells CNBC’s Martin Soong China’s efforts have so far helped to stabilize some sectors.”
Source: CNBC, February 2, 2009.
Bloomberg: Rogers says Russia may break up
“Jim Rogers, chairman of Rogers Holdings, talks with Bloomberg’s Ellen Pinchuk about the outlook for the Russian economy, the ruble and his investment strategy. Rogers, speaking in Moscow, also discusses the outlook for oil prices and emerging markets.”
Source: Bloomberg, February 5, 2009.
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