Cliff Or No Cliff, Austerity Is On the Way
Nov. 14 (Bloomberg) -- DRW Trading Chief Market Strategist Lou Brien talks about the fiscal cliff and his investment strategy. He speaks on Bloomberg Television's "Lunch Money." (Source: Bloomberg)
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Deutsche Gives Germany's Economy a Further Thumping
25:07 - Europe’s economic and political leader is taking a battering just as the region needs it most. With Deutsche Bank AG and Volkswagen AG facing multi-billion-dollar bills in the U.S. for bad behavior, they risk undermining a German economy that is one of the few centers of global growth. The transatlantic tussles coincide with Chancellor Angela Merkel’s dimmed political fortunes, as an anti-immigration party to her right siphons off voters. Coutts & Company Chief Investment Officer Alan Higgins discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."