Market veteran Jim Stack assesses the current shape of the economy and stock market, and tells you how to hedge against further weakness while not missing the turnaround.
As Lyndon Johnson escalated America's involvement in Vietnam in spring 1965, he was already thinking about how any sign of "weakness" would benefit Richard Nixon, who was starting to publicly criticize LBJ for not doing enough to achieve victory.
If the eurozone does turn the current jaw-jaw into a war-war against the weakness of banks' balance sheets, how much capital would European banks be forced to raise - and which big banks would be forced to raise the most?
The Fed chairman said it was hard to ascertain how the economy has been impacted by the recent stock-market weakness, debt-ceiling negotiations and the European debt crisis.