Kotok on U.S. Payrolls, Jobless Rate, Confidence
August 3 (Bloomberg) -- David Kotok, chief investment officer at Cumberland Advisors Inc., discusses the U.S. July employment report. Payrolls in the U.S. climbed 163,000 more than forecast, boosted by a pickup in employment at automakers. Unemployment rose to 8.3 percent. Kotok, speaking with Michael McKee on Bloomberg Television's "In the Loop," also discusses the impact of computer errors at Knight Capital Group Inc. on investors' confidence.
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How the Euro Could Help Drive a Gold Market Rally
37:45 - In today's "Futures in Focus," Alan Knuckman of Bulls-Eye Options, and Bloomberg's Vonnie Quinn examine the impact of inflation and the euro on the gold market as some analysts call for a rally to $1,500 an ounce. They speak on "Bloomberg Markets." (Source: Bloomberg)