John ODonoghue Sees U.S. Stocks Stuck in the Mud

Cowen's O'Donoghue Sees U.S. Stocks `Stuck in the Mud'

Aug. 12 (Bloomberg) -- John O'Donoghue, head of equities at Cowen & Co. LLC, and Richard Ilczyszyn, senior market strategist at Lind-Waldock & Co., talk about the outlook for U.S. stocks. They talk with Carol Massar, Matt Miller, Julie Hyman and Dominic Chu on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Norwegians Doubt Country Prepared for Life After Oil

Aug. 12 (Bloomberg) -- Bloomberg's David Tweed reports from Oslo on Norway's preparations for a decline in oil revenue. The Norwegian capital is Tweed's fourth stop on a train journey around Europe to survey the region's economy.

World Wheat-Surplus Estimate Cut 6.6% on Drought

Aug. 12 (Bloomberg) -- World wheat stockpiles before next year’s Northern Hemisphere harvests will be 6.6 percent smaller than forecast a month ago after adverse weather decimated crops in Russia, Kazakhstan and Ukraine, according to the U.S. Department of Agriculture. Bloomberg's Megan Hughes reports. (Source: Bloomberg)