Japan Property, Public Works Stocks Favored

Aug. 12 (Bloomberg) -- Nicholas Smith, Tokyo-based strategist at CLSA Asia-Pacific Markets, talks about the outlook for Japan's economy, government policies and his investment strategy. Japan’s economy slowed more than forecast in the second quarter as businesses cut investment, undermining gains in consumer and government spending that helped reduce deflationary pressures. Smith speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)
FOMC Minutes Show Officials Delayed Rate Hike Over Risks
31:41 - Federal Reserve officials put off an interest-rate increase in September because of growing risks to their outlook for economic growth and inflation, mainly from China, even as they continued to say they were on track to raise the target later this year. Bloomberg's Mike McKee reports on "Bloomberg Markets." (Source: Bloomberg)
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