Today's Reports Confirm That, Unfortunately, Post-crisis America

Most People Are Under Exposed To Global Assets, Including Foreign Stocks, Bonds And Currencies.

[when] The Market Is Trying To Get To Terms With, First, Lower Global Growth, Particularly Out Of Emerging Markets And China. And, Second, The Market Is Worried The Central Banks Have Run Out Of Ammunition. So Put These Two Things Together, And Then Investors Are Repricing The Market Lower.

Today's Reports Confirm That, Unfortunately, Post-crisis America Is Still Not Back To Its Good Economic Self.

The World Changes! So We're In A Situation Today Where The Only Policymakers That Have Flexibility Are Central Banks. But They Don't Have The Instruments! So They've Had To Experiment, And The More You Experiment, The More Uncertainty And The Higher The Risk Of Collateral Damage.

I Remember When I Was Growing Up, You Would Go To A Bank To Open A Deposit, And They'd Give You A Toaster. A Free Toaster. These Days, If You're A Company, And You Go To A Bank, They Could Easily Turn You Away! They Don't Want Your Deposits Anymore.