Show notes
* Volatile day in the markets
* Largest decline in Personal Spending since September 2009
* Wages and Salaries gain slowest in 7 months
* December ISM Manufacturing Index down to 53.5
* December Employment growth at 7-month low
* 2.6% GDP number will likely be revised downward
* U.S. Factory Orders declined 3.6% in December
* Oil prices triggering momentum against the dollar
* The FOREX markets are beginning to acknowledge U.S. economic weakness
* QE4 will accompany a budget-busting economic stimulus
* S&P was the only agency penalized by the government for rating sub-prime mortgage AAA
* S&P is actually being penalized for downgrading U.S. government debt
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