- Time to review monthly seasonal patterns.
- A really good write-up on why we're in our current mess. It's because there is too much bad debt in the system that must be cleared. Instead of allowing it to clear Congress is trying to paper it over through: 1) spending, 2) changing the accounting rules to enable losses to be concealed, and 3) now, they're looking toward more spending.
- YAY! These guys are so smart! Pffft!!!
Chart of the Day: CPI, Gaps Up, Tame Sentiment, Flat Gas
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