The Box That The Federal Reserve Has Placed Itself In

That's exactly the choice that the Federal Reserve is going to have to make. Next time they're going to have to raise interest rates into a weak economy. 

In fact, they're gonna have to raise interest rates into a financial crisis, into a depression and if they don't do it we're gonna have something even worse, we're going to have hyperinflation. 

That is the box that unfortunately the Federal Reserve has placed itself in based on years and years of this monetary policy.

Stock Market: What's Happened Thus Far During The Month

Look at what's happened thus far during the month of October, which I had been warning on my podcast, looked like there could be a weak October given where we were in the market, given how ridiculous the sentiment was in the face of overwhelming evidence that the economy was in fact weakening.

If you look at the numbers the Dow Jones Industrials Average (DJIA) is down 3.8 percent so far on the month. That's the best performing of the averages. The S&P 500 Index is down about 4.7 percent on the month, the Nasdaq Composite is down 7.4 percent, the DJ Transports down 8.3 percent and the Russell 2000 shows a 9.2 percent decline.

September Existing Home Sales Plunged The Most In 2 Years

September existing home sales plunged the most in 2 years, extending the streak of consecutive monthly declines to six. Homebuilding stocks are hitting 52-week lows, registering their worst year since 2008. If housing is this bad during the boom, imagine what happens after the bust!