U.S., Emerging-Market Stocks Favored

May 23 (Bloomberg) -- Kirk Hartman, Los Angeles-based chief investment officer at Wells Capital Management, talks about U.S., Japan and emerging-market stocks. Hartman also discusses the outlook for the U.S. economy and Federal Reserve monetary policy. He speaks with Susan Li on Bloomberg Television's "First Up."(Source: Bloomberg)

Former Yellen Adviser Says Recession a ‘Live Possibility’
01:20 - Chair Janet Yellen said the Federal Reserve still expects to raise interest rates gradually while making it clear that continued market turmoil could throw the central bank off course from the multiple increases that policy makers have forecast for 2016. Andrew Levin, an economics professor at Dartmouth College in Hanover, New Hampshire, and a former policy adviser to Yellen when she was the Fed vice chair, speaks to Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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