Berlusconi Gains in Italian Election on Tax Plan
Feb. 4 (Bloomberg) -- Bloomberg's Andrew Davis reports that Former Italian Premier Silvio Berlusconi Berlusconi yesterday pledged to refund tax payments on first homes from a levy imposed by Monti’s government. The announcement prompted Prime Minister Mario Monti to accuse Berlusconi of trying to buy votes. He speaks on Bloomberg Television's "The Pulse."
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UBS Sees a 2017 Earnings Boost to Equities
34:54 - Simon Smiles, chief investment officer for ultra-high net worth at UBS Wealth Management, discusses his overweight stance on U.S. equities as he sees improvements to the U.S. economy driving earnings growth in 2017. Simon also discusses his clients approach to markets and his outlook for inflation. He speaks on "Bloomberg Daybreak: Americas." (Source: Bloomberg)