Markets proved they could still fall yesterday. After having rallied for 15 of the previous 18 sessions, we were beginning to wonder if it were still possible… In an interesting turn of events, investors actually succumbed to the harsh economic realities of the day. There’s no telling how long this momentary lapse of unreason may last, [...] Characteristics of an Economic Depression originally appeared in the Daily Reckoning . The Daily Reckoning, offers a uniquely refreshing, perspective on the global economy, investing, gold, stocks and today's markets. Its been called "the most entertaining read of the day."