There are a number of important questions stemming from this series of events.
This is a market that is tired of the China trade issue and is looking to move on.
The former president of the New York Fed acknowledges that the nation's debt is a big issue but says he doesn't know when it may come to a head.
Here's my take on the Federal Reserve's expanded balance sheet, the Labor Department's jobs survey, and Fed's September meeting minutes.
Let's face it, the numbers aren't great and the trend is bad.
Last week's repo spike is just the most spectacular example of a long simmering problem.
The lack of accurate predictability across all of these metrics is why a certain level of diversification is always necessary.
Like central bankers, the equity markets seem oblivious to weakening global economic conditions that indicate a recession already is here.
What has been most notable about the market is the lack of movement despite several high-profile news events.
The Fed Chair's statement is such a mass of self-contradiction and obfuscation that it is no wonder his colleagues are deserting him.