Chen, Holtz-Eakin, Chao, Weber on Fiscal Policy
Aug. 30 (Bloomberg) -- Lanhee Chen, policy director for Republican presidential nominee Mitt Romney's campaign, Douglas Holtz-Eakin, president of the American Action Forum, former U.S. Labor Secretary Elaine Chao, and former Representative Vin Weber of Minnesota participate in a panel discussion about fiscal policy.¶ Bloomberg's Peter Cook moderates the event sponsored by Bloomberg LP and Peterson G. Peterson Foundation at the Republican National Convention in Tampa, Florida. (Source: Bloomberg)
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How U.K. Investment Managers are Dealing With Brexit
01:39 - International investors are growing cold on U.K. government bonds. Managers with more than $4 trillion, including Pioneer Investment Management and Old Mutual Global Investors, say the fallout from the Brexit vote is making them more bearish. With no quick answers in sight to the plethora of challenges the U.K. faces in carrying out its June vote to leave the European Union, gilts are being hurt by a plunging pound, monetary policy clashing with higher inflation, and the government’s thus-far unclear stance on negotiating Brexit. Seneca Investment Managers Chief Investment Officer Peter Elston discusses with Anna Edwards on "Bloomberg Daybreak: Europe."