Lappin, Ward Doubt Fed Can Stimulate U.S. Economy

July 5 (Bloomberg) -- Joan Lappin, president of Gramercy Capital Management, Howard Ward, a portfolio manager at Gamco Investors Inc., and Mark Vitner, a senior economist at Wells Fargo & Co., talk about the outlook for Federal Reserve monetary policy, tomorrow's U.S. non-farm payrolls report and their investment strategies. They speak with Trish Regan and Adam Johnson on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Record Iron Ore Shipments Weigh on Price
45:52 - Iron ore exports from Australia’s Port Hedland climbed to an all-time high in June as mining companies in the world’s largest shipper increased low-cost output. Prices tumbled and producers’ shares fell. Bloomberg's Paul Allen reports on "First Up." (Source: Bloomberg)
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