The Jobs Spark to Keep Fed Rate Hikes Alive
Economists tend to shy away from attaching too much significance to any one piece of data. But in this environment, with this jobs report, hyper-scrutiny may be warranted. When hiring in May eked out its weakest gain in more than five years, the shock was enough to cement the Federal Reserve’s decision to hold off on raising interest rates. Then came Brexit -- the U.K.’s surprise vote to withdraw from the European Union -- and global economic anxieties were unleashed. JPMorgan Chase Portfolio Manager Iain Stealey discusses with Bloomberg's Manus Cranny on "Countdown."
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Goldman Sachs' Koch Likes Equities Over Credit
14:40 - Katie Koch, managing director of fundamental equity at Goldman Sachs Asset Management, discusses global growth, equity valuations and where she's seeing opportunity. She speaks on "Bloomberg Markets: Asia." (Source: Bloomberg)