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)
Australia Rate Cut `Done Deal' Next Week, Lawson Says
43:01 - Toby Lawson, head of global markets, Australia, at Societe General SA, talks about what will influence the Reserve Bank of Australia's policy decision when it meets Tuesday. Lawson also discusses the economic state of China and Japan, and why dollar strength will persist this year. He speaks with Rishaad Salamat on Bloomberg Television's "Trending Business." (Source: Bloomberg)
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