Yahoo! Finance ONE DAY chart for the DOW.
The volume is minuscule. THAT'S how many chairs there are left to sit in when the music stops. LOOK OUT PEOPLE! You are dancing on a mousetrap!
The economist [Galbraith] fears the economy is in terminal condition requiring much more intervention than already prescribed. He believes government "doctors" are engaged in a lot of "happy talk" about recovery based on a "fundamentally flawed model," hinged on the idea the economy is self-healing and only needs a booster shot before it "naturally" returns to trend growth and unemployment in the 5% range.
Galbraith believes that is highly unlikely as Americans grapple with a crushing level of household debt.