Global Economic Analysis: Perception v. Reality

The recent turmoil on Capitol Hill and downgrading of the U.S. credit rating by the Standard and Poor’s has been un-nerving, causing an environment of uncertainty, but what is the real story? Ringler Radio special guests, Ardavan Mobasheri, American International Group (AIG) chief economist and head of global economics and John Gatesman, Senior Vice President, Specialty Markets Group at American General, join host Larry Cohen to give some insights on stock market volatility and consumer confidence, perception versus reality regarding economic factors affecting people with regard to annuities and insurance and the status of economies overseas.