Why Japan's Stock Rally Is Abe's to Lose

Jan. 6 (Bloomberg) -- Japanese Prime Minister Shinzo Abe’s weakening public standing doesn’t bode well for his “third arrow.” The first two -- monetary and fiscal pump priming -- hit the target well enough, as evidenced by the largest Nikkei surge since 1972 but the 2013 rally was always predicated on optimism about the third phase of Abenomics, the structural reforms that have yet to materialize. William Pesek has more on Bloomberg Television's "First Up." (Source: Bloomberg)

Deep Dive Into the Weaker-Than-Forecast GDP Numbers
23:13 - The U.S. economy expanded less than forecast in the second quarter after a weaker start to the year than previously estimated as companies slimmed down inventories and remained wary of investing amid shaky global demand. Bloomberg's Michael McKee reports on "Bloomberg ‹GO›." (Source: Bloomberg)
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