J.B.G. mentioned a recent piece by the ever-cheery Ambrose Evans-Pritchard: Fear gauge enters the red zone.
Bama Man sent this: Chicago Tower Year’s Largest Muni-Bond Default
Rhonda T. sent this sign of the times: Spam Turns Serious and Hormel Turns Out More
From The Washington Post: World Market Fall Sharply After Fed Action on Bonds (Thanks to Linda U. for the link.)
Items from The Economatrix:
S&P Downgrades Italian Sovereign Debt Rating; Fear of Contagion Spreads
Implosive Fusion of Global Financial Assets