Quote Originally Posted by daihashi
Or it could be that it's not a clear indicator of anything.. considering it's Columbus days and many financial institutions are closed.. thus having no picture of what the bond market looks like.

Truth is you can't judge anything by today. Although I'll agree that we have not hit bottom yet; but for an entirely different set of reasons than what you propose. :hippy:



I went grocery shopping last night actually. Prices have actually gone down slightly; which correlates to the drop in price of a barrel of oil, making transportation a little cheaper.

Not sure where you're doing your shopping at :wtf:
My local Wal*Mart.

Why do you think we're still on the downward spiral, then?

I think it's the fact that we haven't addressed the myriad of root causes to our crisis...we're just treating the symptoms for now. I think we might hit some serious inflation issues in the near future, what with adding 700 billion to the money supply, which (at the end of the day) will equal roughly 6.3 trillion dollars in new money based on the fractional reserve system.

I attached a chart of the U.S. money supply...see that huge spike once you get to where we are now? That's not a good thing.