Bob's Daily Buzzword: `Active Alpha'

May 13 (Bloomberg) -- Bob Rice, general managing partner with Tangent Capital Partners LLC, explains the meaning of "Active Alpha." (Source: Bloomberg)

The Fed Eyes U.S. Jobs Data As Stocks Retreat
24:34 - Global stocks dropped, set for the biggest weekly loss since February, and the yen rose before key American jobs data that will help shape the U.S. interest-rate outlook. Australia’s currency slumped and its bonds surged after the nation’s central bank lowered its inflation forecast. The Stoxx Europe 600 Index and the MSCI Asia Pacific Index both lost ground, as did S&P 500 futures. Economists predict U.S. non-farm payrolls rose by 200,000 last month, a Bloomberg survey showed before Friday’s report. Allianz Global Investors Global Macro Strategist Lucy MacDonald discusses with Bloomberg's Anna Edwards on "Countdown."
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