It's All About Earnings, Hugh Johnson Says

Hugh Johnson, chairman and CIO of Hugh Johnson Advisors, talks about his three-year market forecast. Bloomberg Intelligence's Sam Fazeli discusses big pharma earning as Merck, Eli Lilly and Glaxo report this week. Liam Denning, a Bloomberg Gadfly columnist covering energy, talks about Halliburton earnings and gives an overview of the oil services sector. Finally, Jaimin Patel, a senior credit strategist at Bloomberg Intelligence, tells Pimm Fox and Lisa Abramowicz how a default may be looming for Venezuela.