Kelly Says Debt Ceiling a Potential `Doomsday Machine'

May. 16, 2011
May 16 (Bloomberg) -- David Kelly, chief market strategist for JPMorgan Funds, discusses the U.S. government's borrowing authority and the arrest of International Monetary Fund chief Dominique Strauss-Kahn. Kelly, speaking with Betty Liu, Dominic Chu, Peter Cook, and Cristina Alesci on Bloomberg Television's "In the Loop," also talks about Nasdaq OMX Group Inc. and IntercontinentalExchange Inc. withdrawing their bid for NYSE Euronext and the outlook for corporate earnings. (Source: Bloomberg)
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