Priorities

Nearly all financial markets today are falling, crashing even, or at least massive losses are taking place. Some of the biggest drops since 9/11. India down 12%. The UK down 5.5%. DAX down 7%. Aussie markets lose another $43 billion. Canada down 4%. CAC40 and the Hang Seng also down big percentages. These aren't just emerging economies going through high volatility! Today is a trading holiday in the US for MLK day. Tomorrow will not be pretty. It will be painful (but it has been since 1/1/2008) though also interesting with earnings announcements and a fed meeting.

But you wouldn't know it from watching the television. Fox News was more concerned with the chemicals in lipstick increasing women's breast size. Only CNN International was carrying much of the global business activity. Political Candidate in fighting took up much blog space. So while the global stock markets plummet, America is off in McLa-La Land.