Let's look at complacency and how it compares to the 1970s.
Rising inflation with weak growth has a name: stagflation.
The Nasdaq Composite has spent two days knocking on a door. Open that door and the index will go.
Banking problems and recessions are not created and solved in a week.
Let's look at the overbought condition, bonds, and the dollar vs. the yen.
We haven't witnessed volatility this low in more than a year: Should we follow the old adage of never shorting a dull market -- or should we be suspicious?
Growing credit crunch concerns are revealing a lot of about the direction of the economy.
Analysts are often reluctant to update forecasts, or just don't bother to update them, so they have a built-in 'lag' effect.
Here's what I expect for interest rates, credit and equities going forward.
In perhaps the most overt signal of a coming economic contraction, the Treasury yield curve continues to warp.