Production at U.S. manufacturers falls for now a SECOND month in a row as we learn that factories are putting out fewer appliances, computers, and electronics. Ameera David weighs in.
Then Warren Mosler, president of Valance Co. Inc., is on the show to talk about the impact of low oil prices on consumer spending, capital investment, and capital expenditure.
After the break, Gary Leff, co-founder of MilePoint.com, joins us. Ameera talks to Gary about why the merger between United Airlines and Continental is still a “work in progress” five years after being announced.
And in The Big Deal, Ameera and Edward Harrison talk about Fed policy. They discuss whether the central bank could be losing its leverage in managing the economy.