Obama Speech on U.S. Economy, Housing Market

Aug. 6 (Bloomberg) -- President Barack Obama speaks in Phoenix about progress made in repairing the nation's economy and housing market, and his proposals to help complete the housing recovery. The president said private capital must take a bigger role in the nation’s mortgage market with the U.S. government continuing to provide a backstop only against catastrophic risk. (Source: Bloomberg)
Patek Brings Luxury Swiss Watch Knowledge to NYC
50:42 - Larry Pettinelli, president at Patek USA, and Bloomberg's Stephen Pulvirent discuss the creation of the Swiss watchmaker's New York City workshop to repair luxury timepieces and train the next generation of watch makers. They speak on "Bloomberg Markets." (Source: Bloomberg)
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