Sass Sees `Long Runway' for U.S. Economic Expansion
Aug. 21 (Bloomberg) -- Martin Sass, founder and chief executive officer of M.D. Sass Investors Services Inc., talks about the outlook for the U.S. economy and some of his stock recommendations. He speaks with Betty Liu, Alix Steel and Julie Hyman on Bloomberg Television's "In the Loop." (Source: Bloomberg)
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Would a Review of Low Interest Rates Help Europe's Banks?
11:28 - Mario Draghi is facing some of his prominent German opponents as lawmakers in Berlin get a rare chance to press him for an eventual end to record-low interest rates in the euro area. Four years after the European Central Bank’s president last met German lower-house members, dissatisfaction about the ECB’s asset-buying program and rate policies runs deep, particularly among Chancellor Angela Merkel’s lawmakers. They’ll have 90 minutes to spar with Draghi in closed session on Wednesday, including over his insistence that Germany’s budget surplus means it has the fiscal space to boost demand. Bank of Cyprus CEO John Hourican discusses the outlook for Europe's banks with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."