Daily: Romney is toast, Apple will have a monster quarter, and QE infinity will fail

Here is today's daily note. I have three main topics to highlight in the links: Romney, Apple and QE infinity.
 
Romney
The Pawlenty defection is a big deal. I don't think I have ever seen anything like it. It's a total meltdown for Romney now. When your campaign Co-Chair defects to become a bank lobbyist less than two months before an election, it says something about the state of your campaign and the priorities of those around you. Clearly, Republican leaders as a whole and Romney insiders specifically don't think he can get it done. It's hopeless. So they are jumping ship. The question is where they should go. And apparently Pawlenty thinks getting the big bucks as a lobbyist is a good next move for a Presidential campaign chair and former politician. US politics is completely captu...


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