Pace of Deutsche Bank Favors Industrial, Health Care

Benjamin Pace, chief investment officer of Deutsche Bank Private Wealth management, talks with Bloomberg's Carol Massar about General Electric Co.'s first-quarter earnings, equity investment strategy, and industry recommendations of health care, industrials, and technology. GE said profit fell 12 percent, missing analysts estimates, as a freeze-up in credit markets blocked asset sales and forced it to write down the value of investments. GE also cut its full-year forecast. Bloomberg's Ellen Braitman and Erik Schatzker also speak. (Source: Bloomberg)

Bloomberg | April 11, 2008

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