When Speaker Boehner announced yesterday evening, around 8:00 pm EST, that there would be no vote on “Plan B” for the fiscal cliff, SPX futures took a quick nose-dive. Here is the one-week chart: …
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In an otherwise relatively quiet overnight session, the Shanghai composite broke down to levels not seen since 2009. Here is the 5 year weekly chart: It’s a very steady 3 year downtrend, eerily …
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I showed the extreme drop in Durable Goods Orders in one Chart of the Day post last week. It was the second largest drop in the data set. But ex-transport orders were close to flat. …
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