Stocks Decline on U.S. Budget Concerns
Stocks fell around the world, Treasuries gained and the yen strengthened against all its major peers after House Republican leaders scrapped a plan to allow higher taxes amid stalled budget talks. Commodities declined.
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BlackRock's Bisat Sees EM in Sweet Spot Right Now
55:27 - Amer Bisat, emerging markets portfolio manager at BlackRock Strategic Global Bond Fund, and Federico Schiffrin, partner of private equity at Unigestion SA, discuss the factors in and out of the United States that support emerging markets. They speak on "Bloomberg Daybreak: Americas." (Source: Bloomberg)