The Memorable Moments of Larry Summers
Sept. 16 (Bloomberg) -- Larry Summers is out of the running to be the next chairman of the Federal Reserve. The Former Treasury Secretary, who many considered to be the President's top pick to replace Ben Bernanke, bowed out of the race on Sunday, September 15. Here, Bloomberg takes a look at some of his best, and worst, moments. (Source: Bloomberg)
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Jullier: Market Reaction to Abe's Fiscal Plan is Logical
57:39 - The yen fell for the first time this week on prospects Japanese Prime Minister Shinzo Abe will push through a fiscal stimulus package exceeding 28 trillion yen ($265 billion). The currency weakened against all 16 major peers after Kyodo reported that Abe said such a program will be approved by Cabinet on Aug. 2, citing his comments at a speech in the southern Japanese city of Fukuoka. The slide spurred broad gains for the U.S. dollar, helping to weaken the Australian and New Zealand currencies. Citigroup Global Head of Equity Trading Strategies Antonin Jullier discusses with Bloomberg's Francine Lacqua on "The Pulse."