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  • Broby of Favors Bank Stocks; Inditex Growth 'Fantastic': Video

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Broby of Favors Bank Stocks; Inditex Growth 'Fantastic': Video

Broby of Favors Bank Stocks; Inditex Growth 'Fantastic': Video

Daniel Broby, who helps manage $4 billion as chief investment officer of Renaissance Investment Management, talks with Bloomberg's Rishaad Salamat and Nina de Roy from Moscow about the impact of the Federal Reserve's interest-rate cut on global equities, Inditex SA's second-quarter profit and his investment strategy. European stocks jumped the most in a year, following gains in Asian and U.S. markets, after the Federal Reserve lowered its benchmark lending rate by half a percentage point to keep the world's largest economy growing. (Source: Bloomberg)

Bloomberg | September 19, 2007Watch more videos from Bloomberg

Tags:. .markets. .point. .keep. .following. .rate

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