Daily Reading on the Financial Markets: 9/29/11
Chris Martenson says the U.S. economy is on the ropes and going down (editor’s note: I agree).
Chris Kimble points out that high yields, which are typically a good lead indicator for the market and economy, are once again breaking support and heading lower.
Jeff Harding from the Daily Capitalist on the increasing lag between GDP recovery and employment recovery over the last two decades.
Turns out Europe isn’t the only risk. According to The Hill, a guy was arrested in a plot to blow up the Capitol and Pentagon.
Desmond Lachman of the American Enterprise Institute says it’s a matter of time until Greece defaults.