Surveillance: ECB Policy Not Targeted At USD, Posen Says

We kick off with a segment from our Bloomberg TV show with Bloomberg's Joe Weisenthal and Nordea Asset Management's Sebastian Galy. They weigh in on Facebook's new Libra cryptocurrency. Adam Posen, Peterson Institute President, says ECB policy is not targeted at the U.S. dollar. General Stanley McChrystal, Former Commander of U.S. and International Forces in Afghanistan, says "leadership requires character." Lindsey Piegza, Stifel Chief Economist, says today's U.S. housing starts paint a negative picture for the second quarter. And Gary Shilling, Bloomberg Opinion Columnist, says the Fed does not want to go negative on rates. 

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