Levitt: Confidence Has Never Been Lower

July 5 (Bloomberg) -- Arthur Levitt, former chairman of the U.S. Securities and Exchange Commission, talks about the banking industry. He speaks on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Has China's Slowdown Infected Japan’s Production?
16:45 - Japan’s industrial production unexpectedly fell in July, sapping a rebound in the economy from a slump last quarter. Output fell 0.6 percent from June, when it increased 1.1 percent, the trade ministry said on Monday, compared with the median forecast for a 0.1 percent gain in Bloomberg survey. The world’s third-biggest economy is struggling to recover from a contraction, as slowing growth in China -- Japan’s biggest trading partner -- weighs on exports.
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