What doesn't match in these headlines? Both were on the website of the WSJ on the same day. Something is truly broken when Wall St is so disconnected from reality that constant central bank interventions become a necessity, and they still don't bring prosperity!
Friday, July 27, 2012
Stocks, Reality Disconnect
Tuesday, July 24, 2012
Richmond Fed Disappoints
ZH:
And another epic miss in the slow motion
trainwreck that is the US plowhorse economy now to its neck in
quicksand. The latest B-grade economic indicator: the Richmond Fed,
which was expected to rise modestly from -3 to -1. Instead it
faceplanted to -17, the biggest miss since August 2010 and the lowest
print since Apirl 2009
Monday, July 23, 2012
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