Fournier: Economy Going Through Deleveraging Process

[cnbc 3000119930]

CNBC’s David Faber speaks to Pennant Capital Management Alan Fournier, about the velocity of money and the Fed’s monetary policies. “The economy is deleveraging which is leading to slow growth,” he says.

Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. An hour after the bell Fast Money hosts one of the best trading discussions of the day.

Video © and provided by CNBC.