GMO's Inker: 'Most recessions don't really matter'

Ben Inker, co-head of asset allocation for GMO, says that recessions come and go and don't leave 'much of alasting mark on either the economy or the markets,' so while he expects the ecoomy to go through a recession soon, he's not sure it matters to long-term investors, particularly those in value stocks, as he talks about a recent paper debunking the idea that underpriced stocks door poorly during economic downturns. Also on the show Susan Fahy of VantageScore says that the firm's most recent Credit Gauge shows that the K-shaped recovery is continuing to punish the have-nots; she also notes that there are some signs of stress for consumers based on current credit behaviors. In the Market Call, Ken Applegate, lead portfolio manager for Wasatch International Growth and Wasatch Select International talks about investing now around the world.