Ouch. This is going to be one of those days that will be remarked on for quite some time. At the moment the bailout bill has failed in the House of Representatives. A large number of Democrats and Republicans both voted against the bill. The stock market has been diving all morning and who knows what the afternoon will bring now the vote has failed in the House.
If anyone can figure out where this is going and think they have some control over the direction things may be headed, I’d say no one knows. Who is right and who is wrong can’t possibly be determined, but if tings continue their southward spiral, those on what ever the wrong side is will have lots to ponder. Mother Nature says it this way.