Up to the edge and over into the abyss? Maybe. This is now an hour-by-hour event that is trending toward minute-by-minute. You've seen the reaction today across all markets and it's impossible to know what tomorrow might bring.
As you might expect, I'm really not sure of where to start. By now, surely know of the emergency Fed meeting over the weekend and how it will take the place of the scheduled FOMC this week. Rates and reserve requirements have been cut to zero as The Fed hopes to provide as much liquidity as necessary to keep the banks open. Yes, that's...
