Down is the New UP.
"This directly contradicts Washington’s thesis that the government’s TARP program and the Fed’s massive rescue efforts began to have an impact early in the year."
Unemployment Rate by State.
ZH
"A downgrade of Cali would set off a chain of events...with a final outcome likely being comparable to the Lehman blow up..."
Are the UK, US, and Chinese economies at war?
"...Doing so would constitute an open declaration of financial war..."
Monthly Chart on all indicies looking bearish.
The un-implied consequence of employment in a recession.
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