Brace Yourselves, This Is Going To Hurt; CPI Pops at 8.6% y-o-y

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ECB Signals Rate Hikes; US Futures Fall on News, Unemployment Claims

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If the Federal Reserve Is or Isn't Buying Stocks to Prop Up the Market, Should Anybody Really Be Concerned?

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Recession and Bear Market Are Real, Here and Now; Target Warns Again; Learning to Cook, Starting with Borscht

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Thanks to Resident Brandon and US Congress, the US in NBER Recession; Stocks, Bonds Dumped Again

Read today's complete note and unearth a wealth of historical commentary at Downtown Magazine's Money Daily