Deutsche Bank Cuts Q2 GDP Forecast

Wednesday, 11 Jul 2012 | 12:15 PM ET

Joe LaVorgna, Deutsche Bank, discusses why his company cut the outlook on GDP from 2.4 percent to 1.4 percent, and how to play the high end retail space, with the FMHR traders. Also, CNBC's Herb Greenberg breaks down the numbers on IBM.