German Banking Market Needs to Be Restructured, Herro Says

David Herro, CIO of Harris Associates, says Germany is one of the worst markets for banking because it has a competitive marketplace. Prior to that, Tobias Levkovich, Citigroup's chief U.S. equity strategist, says the reaction to Trump's election in markets have been off-the-cuff and not real investing. Finally, Joachim Fels, PIMCO's global economic advisor, says 3-to-4 percent growth is unrealistic now.See omnystudio.com/listener for privacy information.