The economic downturn in the U.S. may only get worse as economists project retail spending drop another 0.7% after falling 0.3% in August.

Now that last week's carnage has come to an end, where do we go from here?

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for October 14.

Bill Bonner writes that there iss omething funny going on.  But it's not just at the banks.

Banks and money markets are closed today, which means that we have yet to see the full reaction to this weekend's announcements, but there is a good chance that this is a near-term bottom.

Economic data to be released this week should be decidedly negative.  Corporate earnings reports should miss targets, causing more volatility in the stock market.  Wall Street’s only hope is that this weekend’s meeting of G7 leaders will help restore confidence to the markets.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for October 13.

Is the next shoe to drop on the economy commercial construction lending?

The Volatility Index (VIX) just traded above 70 for the first time.  What doe this mean?

Even though the economy could still be in for more trouble over the coming months, there is a case for a major bounce next week.