The US Economy is 'Recovering'. Really.

Dodge O. Dorland, Chairman and Chief Investment Officer of Landor & Fuest Capital Managers in New York, discusses whether he is convinced that the US economy is underway, his ‘read’ of the Fed's continuation of Its taper ‘glide path’ at this week’s FOMC meeting, his views of the FOMC’s exit principles for QE’s unwinding, the Chinese yuan recording its biggest weekly jump in 2½ years and whether he thinks the central bank's three-month weakening campaign is over.