Dow 16,000 Doesn't Mean Anything: Howard Marks

Nov. 18 (Bloomberg) -- Howard Marks, chairman at Oaktree Capital Management, discusses the significance of the Dow Jones Industrial Average reaching 16,000 for the first time and what it means for market valuation. He speaks on Bloomberg Television’s “Market Makers.”
VW's U.S. Chief Faces Congress in Three Minutes
42:02 - Michael Horn, president and chief executive officer of Volkswagen Group of America, apologized and promised a full investigation into the company's emissions-cheating scandal at the first congressional hearing on the matter. Here are some of the heated moments from the U.S. House Energy and Commerce investigations subcommittee. (Source: Bloomberg)
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