Robert Hormats on Globalization, U.S. Budget Woes

Feb. 15 (Bloomberg) -- Robert Hormats, U.S. undersecretary of state for economic growth, talks about global trade markets and the outlook for the U.S. economy. Hormats, speaking with Tom Keene, Sara Eisen and Scarlet Fu on Bloomberg Television's "Surveillance," also discusses corporate financing and U.S. budget concerns. (Source: Bloomberg)
U.S. Consumer Spending Rises 0.1%, Incomes Up 0.4%
26:06 - Consumer purchases rose less than projected in February, indicating the biggest part of the U.S. economy will find it hard to sustain momentum after the best quarter since 2006. Bloomberg’s Scarlet Fu reports on “In The Loop.” (Source: Bloomberg)
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