Stock Market Correction: The Start of Something Much Bigger

A three percent correction is pretty normal except we haven't had one in a long time and the question is is this the start of something more ominous or is this just a small correction and you know what I think there's a lot of evidence that it is the start of something much bigger part of the evidence is that nobody is concerned nobody is worried there's maximum complacency. (SPDR Dow Jones Industrial Average ETF (DIA), SPDR S&P 500 Index ETF (SPY), Nasdaq 100 Index ETF (QQQ))

Pronounced Weakness In The US Dollar

January is over this is the worst January for the dollar index since 1987, this is a big move! January was the weakest month for the dollar against the yuan not just the weakest January but the weakest of any month going all the way back to 1994. So we're having some pronounced weakness in the dollar at a time where everybody is optimistic on the US economy.

Greenspan: Bubbles In Stocks & Bonds

Alan Greenspan was on CNBC today talking about the bubble in the bond market the bubble in the stock market how we're coming to stagflation how we don't have any productivity growth I mean I believe that Alan Greenspan knows exactly how bad this is.