Deutschbank puts out an indicator, that is the sum of a number of financial indicators, including VIX. The indicator has fallen to levels seen around the fall of Lehman Brothers. The indicator has a positive .98 correlation with what happens, so it is practically infallible.What does this mean? It means that America's financial system is still in the dumps and that conditions are getting worse once again. Obama's prescriptions made the patient sicker. No surprise here. Just as Roosevelt's prescriptions did not fix the economy, neither did Obamanomics work. It is not supposed to work. A Community Organizer likes misery and wants more of it so there is a communist revolution.
The Stock Market is shaky and is ready to drop close to 9000. Gold is getting ready to march higher, but the dollar is not ready to topple yet. Maybe in the Fall.
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