The signs are not comforting. First there is this:
Industrial production in the U.S. shrank in August by the most since March 2009, reinforcing concern that a pillar of the expansion is faltering.
Then this:
The cost of living in the U.S. climbed in August by the most in more than three years, reflecting a surge in fuel costs.
And then, this:
Treasuries fell, pushing the yield on the 30-year bond above 3 percent for the first time in four months, as inflation expectations surged …
Not reassuring but, then, could be the economy is just having a bad day.
