Nov. 9 (Bloomberg) — Greg Valliere, chief political strategist at the Potomac Research Group, talks about the European sovereign-debt crisis and the outlook for the congressional budget-reduction supercommittee. Valliere speaks on Bloomberg Television’s “InBusiness With Margaret Brennan.” (Source: Bloomberg)
Jan. 6 (Bloomberg) — Jonathan Lemco, a sovereign credit analyst at Vanguard Group Inc., talks about Europe’s debt crisis. He speaks on Bloomberg Television’s “InBusiness With Margaret Brennan.” (Source: Bloomberg)
Sept. 20 (Bloomberg) — World Bank President Robert Zoellick talks about the outlook for the U.S. economy, the European debt crisis and signs of its impact on the global economy and markets. Zoellick speaks on Bloomberg Television’s “InBusiness with Margaret Brennan.” (Source: Bloomberg)
The U.S. may face a debt crisis without action to limit federal spending, according to Neel Kashkari, a former Treasury official who headed the taxpayer- funded $700 billion Troubled Asset Relief Program.
â€œOur debt is now starting to get away from us,â€ Kashkari, a managing director at Pacific Investment Management Co., said in an interview on Bloomberg Televisionâ€™s â€œInBusinessâ€ with Margaret Brennan. â€œIndicators in the Treasury market are flashing [...]
1) Spain sells bonds at higher rates after Moody’s warning
“Spain raised 2.4 billion euros (3.2 billion dollars) in a bond sale Thursday but it had to pay higher rates on the debt a day after Moody’s threatened to downgrade the country’s credit rating.
The treasury sold 1.782 billion euros of 10-year bonds at an average yield — the rate of return paid to the holder — of [...]
The Federal Reserve may not complete the full $600 billion of securities purchases it announced last week to stimulate the economy, said Stanford University economist John B. Taylor.
â€œItâ€™s a real possibilityâ€ the central bank will stop before completing the purchases it plans to make through June, Taylor said in an interview today on Bloomberg Televisionâ€™s â€œInBusiness with Margaret Brennan.â€
â€œI hope so. They left themselves some wiggle room,â€ he said. Though [...]