Retailers are lowering prices(and here I mean really lowering) to attract customers and there are some fantastic deals out there!
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Friday unemployment numbers for October were released. Politicians, media ‘experts’ and economists thought they were acceptable considering existing conditions. For me they represent circumstances that are far worse than public figures are willing to admit.
Here is the reality:
Factories closed. Warehouses shut down. Homes in foreclosure. And more.
Unemployment at 10.2%. That means nearly 16 million Americans [...]
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Recognizing that the markets are forward looking indicators of 6-12 months (depending on who you believe — and I think 6 months is about right) the market volatility is warning of some negativity in the broader economy starting next spring (more or less).
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I am one of the skeptics and am not ready to jump into the markets or start a new business until I see more ‘proof’ that this can continue.
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Unless Unemployment is addressed very soon and directly we could see this recession turn into a real “W’ with a double-dip back down to recession level GDP #’s and with the DOW dropping back to the 7000 range.
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Compensation regulations are needed but now is not the time to start a limited and punitive program to accomplish that.
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since the administration, as well as the Federal Reserve’s own Ben Bernanke, is touting their imagined upswing in economic growth we are faced with a real dilemma
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Honors and Recognitions
