The last time that the shit hit the fan, I wasn't forceful enough in trying to get the word out to - who knows - I seriously doubt that anyone could have stopped the disaster. Also, that particular train wreck was relatively easy to see coming - the housing market was way overheated.
Now, who knows? My objective this time around is to pick through the news and present other people's views on the market (See below). When I have an opinion I'll weigh in also.
There are some interesting things to keep an eye on. The House Financial Services Committee is headed by a former MD - an osteopath. Really excellent qualifications for overseeing Wall Street and the mortgages agencies, don't you think? He's off to a good start (see below).
Relative to the markets, I really do not have a clue. Does it feel like the DOW should be where it is, or anything else for that matter - due for a serious correction? Maybe ... we'll just wait and see.
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