UBS's James O'Sullivan Says U.S. Economy Is 'Weakening'
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UBS's James O'Sullivan Says U.S. Economy Is 'Weakening'
James O'Sullivan, senior economist at UBS Securities LLC, and Larry Levin, president of Secretsoftraders.com, talk with Bloomberg's Matt Miller about June U.S. durable-goods orders data released today, factors driving the stock market, and outlook for the U.S. economy and Federal Reserve monetary policy. Orders for U.S. durable goods unexpectedly rose 0.8 percent in last month following a revised 0.1 increase in May. (Source: Bloomberg)
Bloomberg | July 25, 2008
