Cumberland's Kotok on Stress Tests, Stocks Strategy

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July 23 (Bloomberg) -- David Kotok, chairman and chief investment officer of Cumberland Advisors in Sarasota, Florida, talks with Bloomberg's Susan Li about European bank stress tests, and his investment strategy for the region's stocks. European stocks climbed for a third day yesterday as unexpected growth in the region’s manufacturing and services industries and rising U.K. retail sales eased concern that the economic recovery may be faltering. (Source: Bloomberg)

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