Lutnick: Government Needs To Help Get Jobs
Nov. 28 (Bloomberg) -- Kynikos Assocoates' Jim Chanos, Cantor Fitzgerald's Howard Lutnick and Retired U.S. Army General Wesley Clark talk about the economy solving the fiscal cliff. They Speak Bloomberg Television's Special "The Fiscal Cliff Summit." (Source: Bloomberg)
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Brexit: a Bad Economic Outcome for Europe, Says Burgess
35:36 - A Brexit wouldn’t just weaken the pound -- it would jeopardize its status as a reserve currency used in world trade, according to S&P Global Ratings. Sterling lags only the dollar and euro in central banks’ holdings, a legacy of Britain’s large economy, its trusted legal system and use of the global lingua franca. But a vote to leave the European Union on June 23 may dethrone the pound and would even threaten the nation’s top AAA credit rating, says S&P. Columbia Threadneedle CIO EMEA Mark Burgess discusses the wider implications of a Brexit vote for Europe with "On the Move" host Guy Johnson.