After much worry and chagrin over the weekend regarding the markets and Credit Suisse, the focus has turned back to the faltering U.S. economy today and the realization that The Fed is going to have to pivot sooner, rather than later, or face considerable destruction of the U.S. economy.
So, welcome back. I hope you had a nice weekend. My voice is still out so I’m not sure if there will be an audio podcast this afternoon. We’ll just have to see how it goes. But I hope it returns soon because there is going to be A LOT to talk about as the week progresses….