Asset Bubble Anxiety on the Rise
Nov. 21 (Bloomberg) -- On today's "The Roundup," Adam Johnson, Julie Hyman, Olivia Sterns and Cristina Alesci wrap up the day’s top market stories on Bloomberg Television's "Street Smart." (Source: Bloomberg)
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Oil Profits Best We're Going to See for a While: Morris
01:40 - For oil companies, the second quarter might be as good as it gets. Shares gained more than in any other industry, thanks to crude rising from a 12-year low. Profits were the best in at least three quarters for majors including Royal Dutch Shell Plc, Chevron Corp. and BP Plc, helped by cost cuts, analysts say. The rest of the year might not be as rosy as supply holds near record levels. Bloomberg's Ryan Chilcote reports and BNP Paribas Senior Investment Strategist Daniel Morris discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."