Stocks open weak, rates soft
US equities have opened very soft, down 1.5% which is helping drag down US Treasury yields. Soft economic data from the US and growing Greek jitters are undermining market confidence across the board. Throw in Bernanke and the Hill and the health care summit in DC between Dems and Reps and the market is scared out of its wits…

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Yea Jamie – When Rick Santelli of CNBC starts to poll CME traders we know its going to be a “bloody” day…If I was Obama I would cancel the Healthcare meeting until the US job picture truly begins to improve…
That’s old Washington Tony. America wants bold leadership. Haven’t you learned anything at the reeducation camp?
Well – Call me a pragmatic but if this job loss crap continues, there won’t be anyone who can afford any healthcare insurance at all…
You ain’t seen nothin’ yet. I’ve done the work 2 times over and am right. Sadly.