U.S. Economy Faces 'Austerity Shock,' Meyer Says

Dec. 26 (Bloomberg) -- Michelle Meyer, a senior economist at Bank of America Merrill Lynch, talks about the outlook for the U.S. economy and housing market. Meyer speaks with Sara Eisen and Alix Steel on Bloomberg Television's "Surveillance." Richard Falkenrath, a principal at the Chertoff Group and a Bloomberg Television contributing editor, also speaks. (Source: Bloomberg)

Sterling Climbs to One-Month High vs Dollar
14:38 - Bloomberg's Mark Barton reports on today's action in the European markets. He speaks on "Bloomberg Markets: European Close." (Source: Bloomberg)
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