pools of money. do you buy into that if sn ? do you think that continues? we really have seen that. it s been a phenomenon since the market fumbled around the lows in july of this year. it s been across the board. it s been in commodities. it s been in domestic stocks. it s been in international stocks. there s so much cash on the sidelines. anything with price momentum. victory, we got victory. that s continued on. it seems to be holding a trend that will, again, probably get us through at least the end of the quarter. are you buying? at this juncture, very selectively. we ve got a few things we like. otherwise, we re kind of stepping back and watching. that s what i m hearing from a lot of people, michael. very selectively. the economic data doesn t necessarily connect with what s going on in the market. the fundamentals are weak. yeah, it s a point you made earlier in an earlier segment that the bottom line is the economy is still very, very weak. i ll tell you,
reducing unemployment rate. you fewer than half of the 8 million jobs lost in the recession have been restored. and at 8.1%, the unemployment rate is nearly unchanged since the beginning of the year and is well above normal levels. we will talk about the fed this morning, ask what s next if anything, ask if any of these measures are actually going to work to bring down unemployment and of course we ll be looking for where you should be putting your money. among our newsmakers this morning, former fed governor kevin warsh will be our guest host at 7:00. plus as joe mentioned, europes also playing a major role. michelle caruso-cabrera sat down with jean claude trichet earl i didn t this morning and she ll bring us that conversation in just a few minutes. and then the issue of the markets, the economy and politics. our special guest at 8:00 is former new york city mayor and now romney supporter rudy giuliani. obviously we have a lot to get to, but first let s get you up to spe
just don t add up. another article in an accompa accompanying piece, talking about the economic policy steering group. who is in that group? tell me about the secret meeting last month. very interesting group. this had never been reported before. some of the names on the 19-member economic policy steering group, known to be romney advisers, people like greg manque, some surprises too. outliers like john thain, former ceo of meryl lynch. deep republican establishment. no less than five previous chairs of the council of economic advisers, all the way back to reagan. former president of the world bank. the secret meeting, before i let you go? i m sorry?
we give them a voucher and tell them good luck, you re on your own to cover the difference. the medicare trust fund going broke in 12 years and president obama not only for the status quo, wants more spending without reform. that s irresponsible and reckless. every governor in the country is reforming pensions, and the numbers just don t work. that debate between governors bob mcdonnell and martin o malley, a followup to the war of words on the campaign trail. president obama in new hampshire yesterday. here is the bottom line. my plan saves money in medicare by cracking down on fraud, waste, insurance company subsidies. and their plan makes seniors pay more so they can give another tax cut to millionaires and billionaires. the president back in the white house, but will travel to ohio, nevada and ohio. congressman paul ryan, accusing the president to raid medicare for $716 billion. he took his mom along, a medicare recipient. to an event at the world s largest retire
reform. that s irresponsible and reckless. every governor in the country is reforming pensions, and the numbers just don t work. that debate between governors bob mcdonnell and martin o malley, a followup to the war of words on the campaign trail. president obama in new hampshire yesterday. here is the bottom line. my plan saves money in medicare by cracking down on fraud, waste, insurance company subsidies. and their plan makes seniors pay more so they can give another tax cut to millionaires and billionaires. the president back in the white house, but will travel to ohio, nevada and ohio. congressman paul ryan, accusing the president to raid medicare for $716 billion. he took his mom along, a medicare recipient. to an event at the world s largest retirement community. like a lot of americans, when i think about medicare, it s not just a program, not just the numbers. it s what my mom relies on. it s what my grandma had. tomorrow,ry ryan teams back up with mitt rom