As the devil-may-care bravado of Wall Street marches on, history warns that -- in the end -- there will be the devil to pay.
This might be the month of reckoning for failed central bank money-printing policies. Mounting evidence suggests that markets are starting to notice that the Fed is trapped.
From bond markets to Chinese stocks to the Fed to gold, Wall Street is dialing up the chaos in a big way.
As Japan's problems continue, investors worldwide are still largely convinced central bankers are in control. They're not. The market is.
Cracks have appeared in the Japanese bond market, and potentially ours as well, as the world's finances may be reaching critical stress-points.
The Dow sees a small gain; the Nasdaq and S&P 500 are lower. Jobless claims improve slightly. Oracle earnings don't impress. Trulia has a big IPO. Shares of Norfolk Southern and Bed Bath & Beyond sag. Economic reports from Europe and China are weak.
The Dow ends up 90 after the Fed Chairman says the central bank won't shy from trying to boost the economy. Facebook hits a new low. Gold hits a 5-month high. September historically can be rough.
The major averages lose all of Friday's gains -- and more. Investors fear that the $125 billion bailout of Spanish banks is just too little. Italy is a worry, too. Apple shares slump despite new product announcements. Oil falls below $83.
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These companies won't soar like other plays in the sector, but they make for great income sources.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
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Six weeks later, most Americans have forgotten about the 2014 tax season -- except those who didn't file by the April 15 deadline.
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