"The market is widely referred to as a discounting mechanism," says GPS Capital Research. "However, its ability to discount anything extends only as far as the collective knowledge of its participants. And to be blunt, the vast majority of today’s investors— professional or otherwise— know little if anything about making money in the market."

Why oil prices will tank.

Is Wall Street's business model broken? What about the next gravy train?

"We are in uncharted waters," says Ambrose Evans-Pritchard at The Telegraph. "The easy trade-off between growth and inflation that so flattered asset prices for a quarter century is over. The monetary lords can no longer shield us from the full consequences of our debts. Nor do they want to."

The outlook for the economy, according to NewsWeek: Why it’s worse than you think.