Tchir on Bond Rally, ECB and Debt, U.S. Stocks

July 27 (Bloomberg) -- Peter Tchir, founder of TF Market Advisors, talks about the Spanish and Italian bond rally, efforts by the European Central Bank to allay debt-related uncertainty, and the outlook for U.S. stocks. He speaks with Betty Liu and Adam Johnson on Bloomberg Television's "Street Smart." Michael Crofton, president and chief executive officer of Philadelphia Trust Co., also speaks. (Source: Bloomberg)

Serra: Deutsche Bank Valuation Shows Lack of Confidence
25:05 - Davide Serra, founder and chief executive officer at Algebris Investments, examines the state of European banks as he sees a need for cost cutting and looks at Deutsche Bank's valuation and need for capital following a settlement with the U.S. Department of Justice. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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