WONDERLAND

Chinese officials told Obama they would control yaun valuation "at their pace" so much for official US strong arming or influence. what FAIR TRADE?

Chinese also putting some duties on US goods and RUssian steel.

Lots of headlines concerning...."end of low mortage rates and borrowing" isn't that exactly when rates begin to fall?

Consumer spending aided by mortage relief, or outright non payment.....no mortage payment means money spent on other stuff...silver lining to foreclosure crisis?

Yes I saw the jump in some gov money stats...."US bails out the world?" haven't we already done that? SO MANY unexplained data points not sure what to make of them.

Gold acting like SAFE HAVEN and not from inflation...rising in face of US $ strength.

As presented most gov data not worth the paper it was written.

VAST MAJORITY of SPX profits coming from FINANCIAL SECTOR.....trading profits and using their VAST historic excess reserves to SOP UP TREASURY BILLS......one reason why 10 yr still below 4%.....and you thought banks wouldn't lend again?

A shame it's not to the people who need it.....sounds like ponzi scheme, shell game to me.

GAO accounting rules have suspended accounting for MBS's values at face value......so I guess a profit is a profit in ALice's world.

Duratek