CNBC.com News Now: Roubini: Mother of All Carry Trades

Click here to view today's top stories on your mobile device. Wednesday, Nov. 04, 2009     DOW 9802.14 30.23 +0.31%   NASDAQ 2055.52 -1.80 -0.09%   S&P 1046.5 1.09 +0.1%     NEWS MARKETS EARNINGS INVESTING VIDEO CNBC TV SIGN IN     WHAT YOU SHOULD KNOW Fed to Maintain Low Rates Even as Economy Recovers The U.S. Federal Reserve Wednesday expressed growing confidence that an economic recovery was building, even though it stuck to its commitment to keep borrowing costs near zero for "an extended period..." »read more Why US Officials Aren't Worried About Dollar's Fall—Yet While US officials publicly support a strong dollar, in private they don't appear so worried about its recent slide... »read more Cisco Earnings Top Street Forecasts; Shares Climb Cisco Systems reported a profit that declined from last year's levels but handily beat Wall Street estimates, pushing the company's stock higher in late trading... »read more A NEW CNBC Original... "Coca-Cola: The Real Story Behind The Real Thing" CNBC takes viewers inside Coke's system of mass production & remote distribution, revealing how this iconic American enterprise has quenched the thirst of people around the world. »Premieres Nov 11 @ 9P ET »Watch Sneak Peek Now! TODAY'S TOP 5 VIDEOS 1. Roubini: Mother of All Carry Trades  The mother of all carry trades faces an inevitable bust, Nouriel Roubini, chairman of RGEMonitor.com, told CNBC. 2. Cuomo Targets Intel  Intel orchestrated a "pervasive scheme" to exercise monopoly power, according to New York Attorney General Andrew Cuomo. CNBC's Scott Cohn has the details. 3. Trader Accused of Crippling Citi Starts Hedge Fund  One of the folks people blame for the collapse of Citi is making an interesting comeback, with CNBC's Charlie Gasparino. 4. Fed Holds the Line  What the Fed decision means for the markets, with Mohamed El-Erian, PIMCO CEO; Ken Volpert, Vanguard; William Poole, former St. Louis Federal Bank president; and CNBC's Steve Liesman. 5. Stop Trading, Listen to Cramer!  Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett.       TODAY'S TOP BLOG   Stocks and Voters Show GOP the Way President Obama and Nancy Pelosi got their ears pounded back over big spending, taxes, the health-care takeover, cap-and-trade, and well, the fact that government is getting too darned big under this crowd in Washington. »See All CNBC.com Blogs

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