What's changed since stocks cratered and made a low in early February? There are few signs that monetary easing in China, Europe and Japan is helping pull the global economy out of a slump. It seems like the Fed has run out of ideas to jump-start the US economy, and like the other world central banks, has no more tricks in their bag. That is the backdrop of what is going on for world stocks this morning.
Here's what I'm watching today. Continue reading "The Laws Of Gravity Haven't Changed"