Annaly Salvos: Where is the money going? - According to the Federal Reserve, money market fund holdings of households has declined by about $380 billion since the end of 2008. (According to AMG, all money market mutual funds—institutional and retail—have posted net outflows of about $1 trillion over that time.) When we see big flows like that, we scratch our heads and ask what’s going on.
... It’s not going into bank accounts.
...  It’s not going into stocks, either.
...  One possibility, of course, is that a lot of the drawdown in cash holdings by households is going into consumption ...

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Why less government spending would mean less economic trouble - By Robert Higgs - Many economists say deficit spending is crucial to keeping the economy moving. But history tells a different story. - CS Monitor

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New Interest Rate Forecast: Staying Low through 2011 - Bill Conerly - I now forecast that interest rates will continue to be at their current low levels through the end of 2011. - Businomics Blog

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Ben Bernanke needs fresh monetary blitz as US recovery falters - By Ambrose Evans-Pritchard -  Federal Reserve chairman Ben Bernanke is waging an epochal battle behind the scenes for control of US monetary policy, struggling to overcome resistance from regional Fed hawks for further possible stimulus to prevent a deflationary spiral. - ... Key members of the five-man Board are quietly mulling a fresh burst of asset purchases, if necessary by pushing the Fed's balance sheet from $2.4 trillion (£1.6 trillion) to uncharted levels of $5 trillion. ... - Guardian.co.uk

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The Risk of Recession - By John Mauldin - Thoughts from the Frontline
The Leading Indicators Are Starting to Turn
Terms of Trade and US Real GDP
Bernanke at the Crossroads
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Albert Edwards Goes All Out: Sees New Recession By End Of Year, Market Collapsing "Like Pack Of Cards" - Submitted by Tyler Durden -  Albert Edwards, one of the most prominent uber-bears just got even more bearish: "Our view that this economic and market recovery will collapse like a pack of cards as soon as the steroid-like stimulus is reduced is gaining ground. ... lbert's vision of a deflationary collapse, following by a reactionary episode in which the Fed (in typical reactive fashion) ends up printing tens trillions in one last attempt to restimulate the economy, resulting in hyperinflation, is well-known, and conforms with our view. ... - Zero Hedge