- Happy Birthday to TARP, Happy Birthday to TARP...one year old today.
- CNN/Money has a pair of nice graphics dissecting how taxpayer monies were spent, along with likely losses.
- Well...the SP500 has put in lower highs and lower lows on its 60 minute chart for the first time in awhile. Next, it will be important to see how it fairs when the 60 minute chart takes its next swings upward. Saw this and thought it a reasonable summary...waiting to see what's next.
- Janet Tavakoli: Risk of deflationary collapse greater now than in 2007. Take a listen to the two 5 minute videos....downright cheery.
- And for even more cheer...the Congressional Budget Office (CBO) states that its fiscal disaster scenarios could cause severe economic declines for decades to come, including hyperinflation and destruction of retirement savings.
- They're just scenarios but forewarned is forearmed in my opinion.
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