Baccardax, a former bond salesman who spent 8 years on the trading floor in Toronto and London, has worked in and around the global financial markets for more than 25 years, covering companies from birth in the bond markets to death in the bankruptcy courts -- and all points in between.
Following television stints with CNBC Europe in London, where he served as on-air Economics editor co-anchor of the Closing Bell program, Baccardax was named London Bureau Chief in October 2016.
Recent Articles By The Author
Global Stocks Retreat on Growth Concerns; US Earnings Take Center Stage
Global stocks retreated for a second consecutive session Tuesday, pulling U.S equity futures firmly into the red, as investors reacted to twin warnings on global economic growth and the ongoing uncertainty surrounding Britain's looming exit from the European Union.
Starbucks Expands US Delivery With Uber Eats, But China Growth Questions Linger
Starbucks said Tuesday that it will expand its delivery partnership with Uber Eats to six U.S. cities as it seeks to kick-start domestic sales amid concerns over the pace of growth in China, where the world's biggest coffee chain is targeting a significant expansion.
ECB Rate Aim Challenged By Slowing Growth, Global Tensions, As Draghi Era Closes
Europe's suddenly slowing economy, triggered by trade disputes and limp domestic demand, could complicated the European Central Bank's plans to tighten monetary policy later this year, according to a former German central banker now chairing Switzerland's biggest bank.
Global Stocks Retreat on IMF Economic Downgrade, China Growth Concerns
Global stocks retreated Monday as investors reacted the weakest growth data from China in nearly thirty years and a downgrade to the world's economic forecast from the IMF.
Global Stocks Mixed as China GDP Slows, Brexit Uncertainty Hangs Over Europe
Global stocks were mixed higher Monday as investors reacted the weakest growth data from China in nearly thirty years in favor of a cautious bet that stimulus from Beijing, and a trade deal with Washington, will ignite growth in the world's second largest economy.