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 is rather for us to be here dedicated to the great task remaining before us — that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion — that we here highly resolve that these dead shall not have died in vain, that this nation under God shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth.” Abraham Lincoln, November 19, 1863