|
COPYRIGHT 2006 Voxant, Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
LIZ CLAMAN, CNBC ANCHOR: Well, the dollar`s decline, no matter what you think of it, clearly, a factor in today`s sell off. Here to talk about it, we`ve got David Ellison, chief investment officer at FBR Funds; Tony Cresenzi, chief bond market strategist at Miller Tabak; along with CNBC`s senior analyst Ron Insana.
Welcome to all of you. Look, how important a role did the dollar play in today`s sell off? David, you first.
DAVID ELLISON, CHIEF INVESTMENT OFFIER, FBR FUNDS: Well, it`s hard to say because one day doesn`t make it -- you know this doesn`t make a whole year. So we`ll see what happens. I think it`s -- everybody talked about it over the weekend, I`m sure, and we had this conference in Europe that Maria talked about. And I think people are reacting on that, but I don`t think it means much. This one day doesn`t mean that much.
CLAMAN: Tony, what do you think about the dollar and how much it was sort of a weight around the neck of the markets?
TONY CRESENZI, CHIEF BOND MARKET STRATEGIST, MILLER TABAK:...
Read the full article for free courtesy of your local library.
|
Bookmark this article
Print this article
Link to this article
Email this article
Digg It!
Add to del.icio.us
RSS
