In today’s issue of Breakfast with Dave

• While you were sleeping: global equity markets are selling off; the commodity complex is following suit; investors are fleeing to the relative safety of Treasuries

• Bad session, bad week: U.S. stock markets plunged on Friday, and on higher volume; market volatility surging; U.S. dollar has broken out to new highs

• Volatility the hallmark of a bear phase: in the last 30 trading days, the difference between the intraday low and high in the Dow has exceeded 200 points in 23 session

• A few more disturbing U.S. employment tidbits

• Growth slowdown coming: the ECRI weekly leading index growth rate is just basis points away from going below zero

• It’s still all about deflation

• Income works in a deflationary backdrop

….read more HERE