William Cohan on JPMorgan, Goldman Sachs Earnings

Jan. 16 (Bloomberg) -- William Cohan, author of "Money and Power: How Goldman Sachs Came to Rule the World" and a Bloomberg View columnist, talks about the fourth-quarter earnings of JPMorgan Chase & Co. and Goldman Sachs Group Inc. He speaks with Tom Keene, Scarlet Fu and Michael McKee on Bloomberg Television's "Surveillance." (Cohan is a Bloomberg View columnist. The opinions expressed are his own. Source: Bloomberg)

Japan Wage Growth Stagnates
14:17 - Japan’s workers barely got a pay rise in 2015, with a 0.1 percent increase in cash earnings slower than the 0.4 percent bump in 2014. Total wages in Japan haven’t risen more than 1 percent in any year since 1997 and they fell for the past four years once inflation is accounted for, the labor ministry said on Monday in Tokyo. Bloomberg’s James Mayger and UBS Head of Global Asset Allocation Mads Pedersen joined Bloomberg’s Manus Cranny and Anna Edwards on “Countdown” for further analysis.
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