Talking Pictures

Financial Armageddon

If pictures speak louder than words, what do these four images tell you?
Daily Mail: Half of the U.S. population is worried they won't be able to buy the holiday presents on their list because of their financial situation:

Tim Duy's Fed Watch: History suggests the U.S. economy will be unable to resist the pull of a European downturn (contrary to what Wall Street might say):


Hussman Funds' Weekly Market Comment: The debt burden of U.S. corporations is near all time highs, having retreated only modestly since 2009.

Think B.I.G.: Based on home price data through September, only two of the twenty cities tracked by Case Shiller showed year-over-year gains -- Detroit and Washington DC.

If you said economic horror story, you got it in one!

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