Obama Signals Compromise While Claiming Mandate
Nov. 9 (Bloomberg) -- Bloomberg's Hans Nichols reports that in a White House speech, President Barack Obama made a point of signaling his willingness to compromise with Congress on avoiding the fiscal cliff while holding steady to his idea of ending tax breaks for the wealthy. He speaks on Bloomberg Television's "Money Moves."
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Gallo: Wasted Fiscal Stimulus Won’t Help Central Banks
56:16 - Stephen Gallo, head of European FX strategy at BMO Capital Markets, examines the negative impact of negative interest rates and explains why fiscal stimulus may not help central banks. He speaks with Bloomberg's Tom Keene on "Bloomberg Surveillance." (Source: Bloomberg)