Ten years ago, everyone was worried about Asian contagion and now ten years later, that concern has turned to US contagion.

The Federal Reserve has done a complete 180 over the past two weeks, as the central bank has dropped their long held stance that inflation remains their "predominant concern" and instead, has finally turned their focus to the rapidly deteriorating status of the economy and financial markets.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for August 21.

A majority of the world's investors now believe in two great delusions. One, central banking has taken the risk out of investing, and its corollary, market prices are now on the rebound.

John Mauldin explains in simple terms the very complicated story of how we went from some bad mortgage loan practices in the US to the point of world credit markets freezing up.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for August 20.

Tim Bourquin interviews Adam Hewison, who talks about the elimination of the uptick rule and how it will affect individual traders.

The dollar is going up against the euro and down against yen.  Is it because speculators are growing fearful, and because they need dollars to pay their debts and their bills?

It has been a busy week in the financial markets with two to three hundred point intraday swings in carry trades and the Dow quickly becoming the norm.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for August 17.