Equity Risk Premium Still `Very Wide,' Feroli Says
March 5 (Bloomberg) -- Michael Feroli, chief U.S. economist at JPMorgan Chase & Co., talks about the U.S. stock market, Federal Reserve monetary policy and the economy. He speaks with Mark Crumpton on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
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Jobs Data and Global Growth
56:26 - European shares fell for the fifth time in six days, indicating lingering pessimism about global growth prospects, as investors awaited a key U.S. labor report. Stocks have fallen since reaching a three-month high in April as investors questioned the extent of the recovery despite declining profits, disappointing economic data and concern about the efficacy of central-bank stimulus. Commodity producers, which led a rebound that pushed the Stoxx 600 up by as much as 16 percent from a February low, have been the most hurt in the ensuing slump. JPMorgan Chase Global Market Strategist David Stubbs discusses jobs data and the Fed with Bloomberg's Francine Lacqua on "The Pulse."