Even the biggest number-crunchers, the fundamental analysts on Wall Street, peek at the charts when the sledding gets tough, and its been very tough lately.
Monday morning I sat among 10,000 of my peers as Sen. Ted Cruz announced his bid for the Republican nomination for president at my school, Liberty University. As senior in Libertys Helms School of Government I was thrilled to witness a presidential hopeful announce his candidacy.
No wonder so many of us in Arkansas came to like and admire our former governor, senator and public resource in general -- agree or disagree with him from time to time. His diaries, even if disputed for now by his much too respectable family, show a man in full, and the portrait is refreshing. Especially in this era of blow-dried, bloviating, deadly dull politicos.
Some economists worry that if the Fed raises rates too soon or the Republican-run Congress cuts government spending too much, we will have a 1937-style recession.