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Thursday, December 13, 2007

Today's CNBC MarketWrap

CNBC's Daily Market Wrap
Thursday, Dec. 13, 2007


Today's top 5 stories on CNBC
1. Perspective on Steroid Report: Discussing the pervasiveness of steroid abuse in the baseball industry, with MSNBC's Keith Olbermann and CNBC's Erin Burnett.
2. Bogle & James: CNBC's Erin Burnett discusses the market and subprime problem with Vanguard founder Jack Bogle and Thomas James, chairman & CEO, Raymond James Financial.
3. Holiday Tech Picks: NY Times personal technology columnist David Pogue reveals his favorite gadget gifts for the holiday season.
4. Wilbur Talks Dealmaking: In an exclusive interview, Wilbur Ross, W.L. Ross chmn. & CEO reveals the art of "steeling" deals, with CNBC's Maria Bartiromo.
5. Stop Trading & Listen to Cramer: Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.
Click here to view all of today's Top stories


CNBC Blogwatch

Political Capital w/ John Harwood: GOP's Gap -- Enthusiasm For Presidential Candidates

The Iowa primaries are next month, but as CNBC reporter John Harwood blogs, there seems to be a growing lack of enthusiasm voters have for the GOP presidential candidates. Click here to view posting.

Tune in to CNBC tomorrow to watch the market unfold
1. CONSUMER INFLATION: Steve Liesman breaks down the key CPI data and other significant economic reports. Is the jump in wholesale prices making its way to consumers?
2. DRY CLEANER INDEX: Jane Wells goes to a LA-area dry cleaner to explain how these businesses are a leading indicator of economic downturn and why business for some is off 10%.
3. DANGEROUS INFLATION: Inflation is not only a worldwide fear, for some, it's just plain dangerous. The world's poor are the hardest hit when inflation rises. Once necessities are no longer affordable, the world's most impoverished will often take them, in the face of violence and chaos. Michelle Caruso-Cabrera explains why economists and the Central Bank are so fearful of inflation even in the face of the credit crisis.
4. YALE CEO SUMMIT: It's the world's first school for actual CEOs. Twice a year, 120 CEOs, government regulators, activists, and academics come together to discuss the shifting global context, emerging forms of governance accountability, enhancing customer relationship management, technological innovation, and the human infrastructure.
5. CHINA, SECURITY & SURVEILLANCE: The U.S. capital markets are funding population surveillance inside Communist China. China Security & Surveillance is one of the fastest growing surveillance companies in the world. But CSR's bread and butter is selling, installing and monitoring surveillance cameras for local Chinese police stations. The cost of doing business in China may be cooperating with the Chinese government (a la Yahoo and Google) but does the same rule apply for a Chinese company raising capital and trading on the NYSE? Or is this just as politically loaded as buying shares of Lockheed Martin, Honeywell or GE?
 
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