Stock losses are giving bonds some juice this morning; we're back to feeling that the economy is weak and that bonds are a buy here.

The key is the stock market reaction.

It may come down to 59.5. This reading would not indicate a softer economy.

I'm really more concerned that the economy is taking up slack resources. That could be a little bit worrisome. I think the Fed continues to raise rates.

The doctor is with her now. She was not feeling well after inspection this morning. She was a bit weak.

Despite the economic slowdown around the world, China is still doing relatively well. However, when winter comes, domestic demand in China will slow down and there will be negative movements in the equities market...