EM Spreads Are Embedded to Sovereign Risk, Sassower Says
Damian Sassower, a fixed-income strategist at Bloomberg Intelligence, talks about how EM sovereign spreads are driving energy industry debt valuations, exposing issuers to political risks. Dan Wasiolek, a senior equity analyst at Morningstar, discusses Marriott earnings, previews Priceline and gives a general overview of the hospitality industry. David Kudla, the CEO and chief investment strategist of Mainstay Capital, talks about markets, Tesla and his current investment strategies. Finally, Bloomberg Prophet Danielle Dimartino Booth, the founder of Money Strong LLC and a former adviser to the Dallas Fed, discusses retail pain, China's widening trade surplus and rate hikes.
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