Bloomberg Surveillance

Lori Calvasina, RBC Capital Markets Head of US Equity Strategy, explains why she thinks small cap stocks deserve to be underperforming. Robert Hormats, Kissinger Associates Vice-Chair, says rather than focusing on China, the U.S. ought to strengthen its own competitive capability. Shira Ovide, Bloomberg Opinion Technology Columnist, doesn't think there's a software guru at Apple. And Lawrence Ferrara, NYU Professor of Music, says copyright infringement claims have greatly increased over the past several years.