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.
“It’s not unpatriotic to denounce an injustice committed on our behalf, perhaps it’s the most patriotic thing we can do. Be wise today so you don't cry tomorrow. It was not curiosity that killed the goose who laid the golden egg, but an insatiable greed that devoured common sense. If there are damned souls in Hell, it is because men blind themselves.”
E.A. Bucchianeri