Trennert, Cohan on Goldman Sachs Earnings, Outlook

July 17 (Bloomberg) -- Jason Trennert, chief investment strategist at Strategas Research Partners, and William Cohan, author of "Money and Power: How Goldman Sachs Came to Rule the World" and a Bloomberg View columnist, talk about Goldman Sachs Group Inc.'s second-quarter earnings released today and the outlook for Wall Street firms. Goldman said net income slid 11 percent to $962 million, or $1.78 a share. Trennert and Cohan speak with Tom Keene, Sara Eisen and Michael Moore on Bloomberg Television's "Surveillance." (Source: Bloomberg)
Fed 'Normalization' a Good Thing: OECD's Gurria
34:29 - OECD Secretary General Angel Gurria says that the U.S. Federal Reserve will raise interest rates gradually; the only question is when it starts. He also said the Chinese economy is adjusting to a more "sustainable cruising speed". He spoke with Bloomberg's Ryan Chilcote at a meeting of G20 finance ministers in Ankara on "the Pulse."
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