Perched On A Precipice
January 12, 2009 at 08:11 AM EST
Was it really less than a week ago that the market and Macro Man were saying “I ♥ risk” ? Suffice to say that the enthusiasm has petered out pretty darned quickly, and everything now looks quite ugly. Friday’s payroll number was execrable, though perhaps not as execrable as it might have been. Karma dictated that [...]