Summary: Nov. 21 (Bloomberg) -- Tom Sowanick, co-president of Omnivest Group LLC, says what was "striking" in Federal Reserve Chairman Ben S. Bernanke's speech yesterday in New York was his admission that monetary policy "is not a panacea" that can rescue the economy if hitting the so-called fiscal cliff pushes it into recession. Sowanick talked with Bloomberg's Kathleen Hays on Bloomberg Radio's "The Hays Advantage" on Nov. 20, 2012. (Source: Bloomberg)
