Two days of bad economic news this shortened week

The Fed still says the economy is recovering

Recent FOMC minutes maintains pretense they can raise interest rates

FOMC members are worried about raising rates "too soon"

The Fed is worried about how to remove the word "patient" from communications

How confident can the Fed be in the "recovery" if they still fear raising interest rates?

The "recovery" was just a bubble masquerading as a recovery

If we had a real recovery the Fed could have already raised rates

They are now concerned about weakness overseas

They are worried about a strong dollar

They expressed concerns about the risks of lower oil prices

Low inflation causes concerns

The Fed is clearly paying attention to the negative economic news

Empire State Manufacturing down

Home Builder Confidence at 4-month low

Industrial production weak

PPI number declined .8

Eventually the economic numbers will force the Fed to acknowledge weakness and resume stimulus