Behind the concrete, the visible events, behind all the objective, logical considerations, we find the struggle against evil, against the servants of the antichrist. Everywhere and always demonic powers lurk in the dark, waiting for the moment when man is weak. When he yields to the forces of evil, he separates himself from the power of a higher order; after taking the first step, he is driven on and on to the next and to the next, at a furiously accelerating rate. Die Weiße Rose, 1942
A drawdown in crude oil and a divided Fed minutes helped stocks to rally off support today.
After the bell, Bed Bath & Beyond beat their modest expectations and said they would start paying a dividends, which helped spark a rally in the afterhours.
"Let's imagine that mainstream economics wasn't a make-it-up-as-you-go-along discipline."
Dean Baker
Gold and silver bounced back today, as the pricing of risk was marked a bit higher, with stocks retreating a bit, but again in otherwise dull trading.
In terms of the developing chart formation, the 'cup and handle,' it is like watching paint dry.
Let's see how we work this short term bounce out, and if any longer term patterns can be established, because right now the trends are stocks up and gold down. But we have just bounced off major support and resistance lines.
Yesterday's NCAA basketball championship between Villanova and the University of North Carolina was one of the best college basketball games I have ever seen. And I am not a big college basketball fan, watching much more Formula One and Barclays Premier League with my son these days in comparison, but it was a real contest from start to the amazing finish.
We had a 'hard freeze' last night that played havoc with the flowering trees. And we should be quite cold again this evening. Well, this is still early Spring.
Let us pray for those whose hearts have grown cold, and become hardened against His grace by greed, fear, and the seductive illusions of pride.
We ask to receive the three great gifts of our Lord's suffering and triumph: repentance, forgiveness, and thankfulness—so that we may obtain abundant life, and the peace that surpasses all understanding.
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