Sometimes it is what is not discussed among the mainstream media that is most critical to understanding the new normal...
- Government's ownership of Consumer Credit rises to all-time high - so does Dow Industrials
- Unemployment in Peripheral Europe rises above Depression-Era's 27% - Stocks Rise
- FOMC Minutes cause uncertainty and market turmoil, Bernanke promptly takes a shit on them
- CNBC's Kudlow Report rumored to be cancelled after LaVorgna appearance
- Net Earnings Revisions negative over 90% of time in last two years - Market Rallies 25%
- Jobless Claims Rise to 360,000; prior week revised upward; LaVorgna off by only 2 sigma
- University of Michigan Consumer Confidence Falls (miss first time in 2013) - Stocks Rally
- US Job Growth over last ten years essentially zero Ex-Healthcare, Brooking says
- Homeland Security Chief Janet Napolitano resigns, crowd goes wild
(h/t @Not_Jim_Cramer)
