Karl's last task is to write the "Petraeus" report. I'm sure it will be a doozy. But the American people have a severe case of buyer's remorse, and they are finally skeptical.
Just think of all the pain they could have avoided for us if they had been skeptical in 2000. Or 2002-03. Or 2004. But better late than never, even if 43% remain resolutely ovine.
Friday: Retail Sales, Industrial Production
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