U.S. Economy, Stock Markets, Investment Strategy

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Nov. 22 (Bloomberg) -- Wayne Wilbanks, chief investment officer at Wilbanks Smith & Thomas Asset Management, talks about the outlook for the U.S. economy, financial markets and his investment strategy. Stocks sank, extending last week’s drop, and Treasuries rose amid concern the U.S. government will be forced to submit to $1.2 trillion in automatic spending cuts. Wilbanks speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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