Krugman: “This is an economic emergency.“
Accross the Curve (the best finance blog, of which I barely understand 50%): “The break even spread on 10 year TIPS is about zero. The market is predicting no inflation for 10 years.“
Calculated Risk: “The current stock market decline is the worst since the Great Depression.”
This has to be capitulation point.
Wow, you called that. So far anyway.