The “Dead-Cat-Bounce”: That Dead Cat Is Truly Dead; And That Bounce Is Truly Over… [1] “Nihilo Ex Nihilo” – GJM
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Record 94 Million Americans Not In The Labor Force; Participation Rate Lowest Since 1977 [2] – B.B.
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Items from Mr. Econocobas:
Central Banks Can’t Save the Markets From a Crash. They Shouldn’t Even Try [3] – The first section of this is pretty good, but after that it starts venturing off topic.
Dow Dumps 600 Points From Last Friday’s Panic-Buying Ramp, Drops 10% Year-To-Date [4]
Chart Of The Day: Since 12/2007—— 1.5 Million More Waiters/Bartenders, 1.4 Million Fewer Mfg. Jobs [5]