Vanguard's McNabb on Nobel Winners, Strategy

Oct. 14 (Bloomberg) -- William McNabb, chief executive officer of Vanguard Group, talks about Eugene F. Fama, Robert J. Shiller and Lars Peter Hansen sharing the 2013 Nobel Prize in Economic Sciences, and investment strategy. McNabb speaks with Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg Television's "Surveillance." (Source: Bloomberg)

Riyal Dollar Peg Is Under Review
33:45 - Saudi Arabia's fiscal stresses are driving speculation the kingdom may change the riyal's peg to the dollar. The Saudi Arabian Monetary Authority maintains the spot exchange rate of the riyal at 3.75 to the dollar, which means future expectations of its value must be examined through the forwards or options market. Societe Generale Economist Strategist Xavier Denis discusses with Bloomberg's Manus Cranny and Rishaad Salamat on "Bloomberg Markets Middle East."
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