There's something very unique in the bunch we have in Washington. Something we've never seen before. They're actually “talking down” the economy.

There's something very unique in the bunch we have in Washington. Something we've never seen before. They're actually “talking down” the economy.

Of all the financial markets, the bond market is to me, the most exquisite. Its precision is second to none. And here I'm talking about the US Treasuries, bonds, notes, and agencies. Which make up one of the largest collections of securities in the world.

Of all the financial markets, the bond market is to me, the most exquisite. Its precision is second to none. And here I'm talking about the US Treasuries, bonds, notes, and agencies. Which make up one of the largest collections of securities in the world.

Of all the financial markets, the bond market is to me, the most exquisite. Its precision is second to none. And here I'm talking about the US Treasuries, bonds, notes, and agencies. Which make up one of the largest collections of securities in the world.

If Wall Street projections are anywhere near the mark here we're going to see that our economy is NOT growing at the 6%+ plus rate that we've been told up to now. But that it's really growing, if you can call it that, at an extremely tepid 2%. That in itself is shocking.

If Wall Street projections are anywhere near the mark here we're going to see that our economy is NOT growing at the 6%+ plus rate that we've been told up to now. But that it's really growing, if you can call it that, at an extremely tepid 2%. That in itself is shocking.

If Wall Street projections are anywhere near the mark here we're going to see that our economy is NOT growing at the 6%+ plus rate that we've been told up to now. But that it's really growing, if you can call it that, at an extremely tepid 2%. That in itself is shocking.

It was quite a week, with the Federal Reserve taking center stage.

If there was one thing that this week proved, it was how politically sensitive is this Fed.

I believe that the Fed has heard all of the calls for tightening, and this week was their effort to get out ahead of that sentiment.

It was quite a week, with the Federal Reserve taking center stage.

If there was one thing that this week proved, it was how politically sensitive is this Fed.

I believe that the Fed has heard all of the calls for tightening, and this week was their effort to get out ahead of that sentiment.