"QE to Infinity and Beyond," says Mike Shedlock!
Today we talk about "foot-in-mouth" disease, given Mitt Romney's
recently exposed comments stating that 47 percent of voters "believe
they are victims" and are dependent on the government. It seems the
"foot-in-mouth" indicator is as important as the economy in this
Presidential election. Even though this appears to be a bearish
indicator for Mitt Romney, we ask our guest, Mike Shedlock, if there is a
bullish case for the economy when it comes to either the Republican or
Democratic Presidential candidate. And what is the true state of
the economy? We talk to Mike Shedlock, Investment Advisor for Sitka
Pacific Capital, about indications that the US is in recession. Also,
Mike Shedlock, author of the blog Mish's Global Economic Analysis, tells
us about his top ten list of the most dangerous politicians in Europe.
Plus,
according to a report posted on the NASDAQ's website, investors plowed
more than 15 billion dollars into ETFs last week in anticipation of QE3.
What exactly is an Exchange Traded Fund, and more importantly, what is
in the fine print? We break it down in Word of the Day.
Also,
GE's medical imaging healthcare business is slowing down, but is this
partly because of changes GE made to the health plans of its own
workers? Lauren and Demetri talk about it in today's Loose Change. Source
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