Fiscal Talks to Produce `Phony Deal,' Roach Says

Dec. 19 (Bloomberg) -- Stephen Roach, professor at Yale University, talks about the outlook for U.S. lawmakers to reach an agreement to avert the so-called fiscal cliff of tax increases and spending cuts. Roach also discusses the economies of the U.S. and China and Federal Reserve monetary policy. He speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)
Arrests Made in FIFA Soccer Probe
10:05 - Bloomberg’s Pimm Fox and Olivia Sterns report on today's top news stories. They speak on “Bloomberg Markets.” (Source: Bloomberg)
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