O'Sullivan: We Need Less Austerity Now

Nov. 26 (Bloomberg) -- Jim O'Sullivan, chief U.S. economist at High Frequency Economics, discusses the fiscal cliff, austerity measures and how much deficit reduction is needed. He speaks on Bloomberg Television's "Bloomberg Surveillance."

PBOC Said to Plan Change in Yuan Fixing Formula
56:18 - China plans to change the way it calculates the yuan's daily reference rate against the dollar. Ernst & Young Senior Partner Keith Pogson weighs in and discusses his outlook for the IPO market on "Bloomberg Markets." (Source: Bloomberg)
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