S&P 500 at 1,650 `Kind of It' for 2013, Joy Says
Oct. 8 (Bloomberg) -- David Joy, chief market strategist at Ameriprise Financial Inc., talks about investment strategy and the impact of the U.S. government shutdown and the debt-limit uncertainty on corporate earnings and the economy. He speaks with Betty Liu on Bloomberg Television’s “In the Loop.” (Source: Bloomberg)
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How U.K. Investment Managers are Dealing With Brexit
10:07 - International investors are growing cold on U.K. government bonds. Managers with more than $4 trillion, including Pioneer Investment Management and Old Mutual Global Investors, say the fallout from the Brexit vote is making them more bearish. With no quick answers in sight to the plethora of challenges the U.K. faces in carrying out its June vote to leave the European Union, gilts are being hurt by a plunging pound, monetary policy clashing with higher inflation, and the government’s thus-far unclear stance on negotiating Brexit. Seneca Investment Managers Chief Investment Officer Peter Elston discusses with Anna Edwards on "Bloomberg Daybreak: Europe."