The Fed Is Basically a Bubble Machine: Stockman
April 8 (Bloomberg) -- Former director of the U.S. Office of Management and Budget David Stockman on his new book called "The Great Deformation: The Corruption of Capitalism in America." TONIGHT on Charlie Rose @ 8p & 10p ET. (Source: Bloomberg)
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Market Expectations for a Fed Rate Hike
23:29 - 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."