Gross Doubles New York Bet as California Loses Lead

Dec. 27 (Bloomberg) -- Bill Gross has more than doubled his holdings of municipal debt sold in New York, helping propel the world’s largest bond fund to its biggest investment in local securities in six years. Betty Liu reports on today's "Movers & Shakers" on Bloomberg Television's "In The Loop." (Source: Bloomberg)
Jackson Hole, Jefferies, Munis: What's Moving Markets
00:45 - Sam Stovall, managing director of U.S. equity strategy at Standard & Poor's, joins Bloomberg’s Matt Miller and Mike Regan to run down the three things you need to know about today’s market. They speak on “Market Makers.” (Source: Bloomberg)
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