Bruce Berkowitz Rides Financials to Big Returns

Nov. 27 (Bloomberg) -- Bloomberg's Dominic Chu reports that Bruce Berkowitz’s Fairholme Fund is poised to post its best year in a decade, led by the rebound of financial firms that fueled what he called a “horrible” 2011. He speaks on Bloomberg Television's "In The Loop."
Has China's Slowdown Infected Japan’s Production?
13:30 - 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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