Austerity to Increase as Spanish Recession Deepens

Spain’s recession worsened in the second quarter as consumer spending was battered by an austerity effort that is set to triple in scope through 2014 to tackle the euro area’s third-biggest budget deficit.
Taking the Long-Term View on Investing
36:47 - Deutsche Bank Securities Managing Director Dominic Konstam discusses his long-term investment ideas. He speaks on "Market Makers." (Source: Bloomberg)
  • U.S. Jobless Claims Jump to an Eight-Week High
  • Fed Rate Hike: A Change of Plans?
  • China's Xi Reducing Military by 300,000 Soldiers