Financials Provide `Most Value,' BofA's Moore Says

Dec. 19 (Bloomberg) -- Kate Moore, senior global equity strategist at Bank of America Merrill Lynch, talks about investment strategy and the outlook for markets. She speaks with Tom Keene and Scarlet Fu on Bloomberg Television's "Surveillance." (Source: Bloomberg)
Statoil and BP Release Reports amid Oil Declines
49:40 - Oil extended declines in a bear market amid signs producers from the Middle East to the U.S. will continue adding supplies to a global glut. Oil exports from southern Iraq rose to a record this month, while a Bloomberg survey forecasts U.S. crude stockpiles expanded for a second week through July 24. Brent in London closed Monday more than 20 percent lower than its peak reached in May, meeting the common definition of a bear market.
  • Can Oil Producers Use Price to Reduce Supply?
  • How Will BP Rebound From 64% Profit Decline?
  • Stabilizing Markets: Is China Doing the Right Thing?