Bofinger Pushes Stimulus Over Austerity for Europe
Dec. 6 (Bloomberg) -- Bloomberg's Jeremy Kahn talks about his profile of German Economist Peter Bofinger and the European Redemption Pact proposal which, Bofinger believes, can save the euro. This report is a featured article in the January issue of Bloomberg Markets magazine. (Source: Bloomberg)
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How U.K. Investment Managers are Dealing With Brexit
04:21 - International investors are growing cold on U.K. government bonds. Managers with more than $4 trillion, including Pioneer Investment Management and Old Mutual Global Investors, say the fallout from the Brexit vote is making them more bearish. With no quick answers in sight to the plethora of challenges the U.K. faces in carrying out its June vote to leave the European Union, gilts are being hurt by a plunging pound, monetary policy clashing with higher inflation, and the government’s thus-far unclear stance on negotiating Brexit. Seneca Investment Managers Chief Investment Officer Peter Elston discusses with Anna Edwards on "Bloomberg Daybreak: Europe."