Winners and Losers of the Fed's Next Hike
Businesses are becoming more anxious about residential elections set for November, according to the Federal Reserve's latest anecdotal appraisal of the economy. Election worries were cited as a source of concern seven times in the central bank's Beige Book release, a survey of business contacts published Wednesday in Washington. That's up from two mentions in the July survey of business contacts by the Fed's twelve districts and none in June. JPMorgan Global Market Strategist David Stubbs discusses with Bloomberg's Nejra Cehic and Manus Cranny on "Countdown."