Taken together they create a worrisome picture, one that can explain why it wasn't just the banks that fell on the inversion news.
The question to ponder is whether the problem Friday is a longer-term issue or not.
If the entire inversion was because everyone was horrified by domestic economic data, I'd be extremely concerned, but much of it can be explained by other factors.
While today's action isn't attractive, we were ripe for a little profit-taking.
All this dot plot tells us is that there is a large majority within the Fed that favors staying on hold.
The strength in bank stocks in front of the Fed meeting is an indication there isn't real concern about an inverted yield curve.
Fear-mongering over risk of BBB credits was immensely exaggerated and hurt many people's returns.
I would expect some tough sledding over the next day or two ahead of Wednesday's FOMC policy meeting.
The Oracle of Omaha's instructions for his wife's eventual inheritance offer some valuable lessons.
Did the Fed aid Microsoft? No, Microsoft aided Microsoft. J&J aided J&J. Procter aided Procter.