Summary from John Williams:
– Weakest Since 2008 Economic Collapse, Plummeting Holiday Retail Sales Reflected Liquidity-Restrained Consumers
– December Sales Plunged by a Statistically-Significant 0.9% (-0.9%), Down by 1.4% (-1.4%) before Prior-Period Downside Revisions
– Monthly Sales Contraction Will Hold in Real Terms, Net of Inflation, Despite Falling Gasoline Prices
– Annual Growth Again at Traditional Recession Level
muses of the moment 
GG, I have been reading your blog in hopes that you could shed light on Martin Armstrong’s writings. Please forgive my ignorance, but when MA writes about the big bang does that mean the stock market will drop forcing people into bonds, and then the bond market crashes? Or other way around? How does one prepare themselves for the big bang?
Comment by kdrake — February 12, 2015 @ 4:43 pm