Bill Ackman on Herbalife, Fannie, Air Products
Nov. 22 (Bloomberg) -- Bill Ackman, founder of Pershing Square Capital Management LP, talks about his claim that Herbalife Ltd. is operating an illegal pyramid scheme and his short position on the company's stock. Speaking with Stephanie Ruhle on Bloomberg Television's "Market Makers," Ackman also discusses Pershing's investment in Fannie Mae, Freddie Mac and Air Products & Chemicals Inc.
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Market Expectations for a Fed Rate Hike
23:09 - The dollar erased its 2016 loss versus the euro and the outlook for higher relative interest rates may prove strong enough for the greenback to overcome historical patterns that signal its gains are overdone. The U.S. currency rose for a third week on renewed bets among investors and traders that the Federal Reserve will find the scope to raise rates by December. Commerzbank Global Equities Economist Peter Dixon discusses with Mark Barton on "Bloomberg Surveillance."