Ward, Edmonds on Fed Decision on Asset Purchases

March 20 (Bloomberg) -- Howard Ward, chief investment officer at Gamco Investors Inc., and Brian Edmonds, head of interest rates at Cantor Fitzgerald LP, talk about the decision by Federal Reserve to maintain its monthly asset purchases at a pace of $85 billion a month, and the outlook for bond rates. They speak with Adam Johnson, Peter Cook and Trish Regan on Bloomberg Television’s “Street Smart.” Tom Porcelli, chief U.S. economist at RBC Capital Markets LLC, also speaks. (Source: Bloomberg)
Options Market Suggest China's Stock Rescue Doomed
50:58 - China's markets this week will have a tailwind from last week's interest rate cut and Beijing's decision to prop up stocks with a flurry of state buying. But some say the rally may be short lived. Bloomberg's Zeb Eckert reports on "First Up." (Source: Bloomberg)
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