Friday, February 12, 2016

One Moment of Fed Truth-Telling

"The last duty of a central banker is to tell the public the truth." - Alan Blinder, former Federal Reserve Board Vice Chairman

Tuesday, February 9, 2016

Economic Data Showing Significant Weakness

First, the bird's-eye view. Thanks to Lance Roberts at Real Investment Advice for this perspective.

More charts showing the dismal reality:
At least this one looks like it may have bottomed:

Monday, February 8, 2016

Dow Loses 600 Pts in 2 Trading Sessions

On Friday, stocks lost about 250 points, and today, the Dow has lost 350 points so far. Perilous times!