It appears as though 'trickle down' stimulus is not having its desired effect according to today's Fed Beige Book.
Fed's Beige Book Fails To Stimulate More Lending - Forbes
Jobs Report on Friday.
"Peace cannot be understood as the forced silence of the people. Ideologies based on lies and violence collapse; they bear evil fruit and moral devastation. It is not enough for a Christian merely to condemn evil, lies, cowardice, enslavement, hatred, and violence. A Christian must be a true witness, spokesman, and defender of justice, goodness, truth, freedom, and love. He must courageously demand these values for himself and for others." Jerzy Populesko, Solidarność, May 27, 1984