Gross Says Weak Jobs Data Won't Stay Fed on Rates
Bill Gross, a fund manager at Janus Henderson, says the job data was weaker than expected, but the Fed will still raise rates. Prior to that, Jeffrey Sachs, a professor at Columbia University, and Julia Coronado, the founder and president of MacroPolicy Perspectives, discuss the Fed's timeline and the impact of manufacturing innovation in the U.S. Finally, David Einhorn, the president of Greenlight Capital, says GM's capital structure is inefficient.
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