Remember our dictum: the force of a correction is equal and opposite to the deception that preceded it.

Eyes on U.S. jobless and retail sales data at 1330 GMT… U.S. crude stockpiles rise more than expected… IEA cuts global oil demand forecast…

The oldest, most trusted technician in the world is telling you to sell now. Recession? Depression? Nascent recovery? Market bottom? Dead cat bounce?

U.S. crude stocks rise to 18-month high… U.S. data at 1330 GMT expected to show more job losses…  OPEC signals it may cut output further…

From our little corner of the world we’ve been warning investors off green energy for months, but the mighty New York Times has finally reached the same conclusion.

On the heels of a revealing unemployment report by the International Labour Office (ILO), China announced that the ranks of the people without jobs has dramatically increased – setting a 30-year high.

Job Claims Hit 42-Year High; Dodd’s Vengeance; Durable Goods Orders Slowing Slide; 3Com Profit Down but Stock Up; Amazon Profit Up 9%; Crude Prices Down as Inventories Build; Kodak Paints Unflattering Picture

Caterpillar Inc., (CAT) predicted zero economic growth worldwide in 2009 and announced it will shed 20,000 jobs over the next few months. The world’s largest maker of construction and mining machines issued its gloomy forecast after a downturn that began in the United States grew into a full-blown global recession, gutting orders for its equipment.

As I write, I’m here at The Oxford Club chapter meeting at the Intercontinental Hotel in Managua.  When we’re not eating tortillas and sipping margaritas, my colleagues and I – along with about 60 Oxford Club members – are surveying the global economy, making assessments about what lies ahead for world stock and bond markets.

Christmas may be over, but Obama is keeping the ’season of giving’ going on the Hill…the next bubble will be in public debt… Stock prices are more ‘normal’ than they were a year ago…how many chickens can get in a plane engine? What is bad for GM is bad for America…just when you think you have things figured out, the facts change…and more!