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Two more grim news items hit the stands today. Please consider U.S. Industrial Production Fell 1.4% in February. Industrial production fell in February for the fourth consecutive month as auto cutbacks and collapsing exports hurt the broader U.S. economy. Output at factories, mines and utilities ... Read more

The ever changing model of nationalization took another leap towards a resolution of sorts today. Bernanke's new plan amounts to a game of hide and seek, hoping the mess resolves itself over time. Please consider U.S. Will Take Bank ‘Ownership’ Stakes Only as Losses Climb. The Treasury will ... Read more

The DOL reports on weekly unemployment insurance claims : In the week ending Feb. 7, the advance figure for seasonally adjusted initial claims was 623,000, a decrease of 8,000 from the previous week's revised figure of 631,000. The 4-week moving average was 607,500, an increase of 24,000 from the ... Read more