One Minute Macro Update

Tyler Durden's picture

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papaswamp's picture

 "Reports came out yesterday cited that the Fed ordered U.S. banks to undergo stress tests with unemployment rate at 11% in recession-like conditions." Someone telegraphing a near future downturn?

99er's picture

ES

Groundhog Day? Or is it different this time?

http://www.zerohedge.com/forum/99er-charts-0

blackbox's picture
Baltic Dry Index rises 0.7% to 1,301

Continuing a good bounce.

Makes me wonder whether the Fed is simply chartering empty ships. Or filling them with ink and linen?