The "R" Word....

rut roh

...is now being used with the "S" word:

http://tinyurl.com/37m29e


Nov. 16 (Bloomberg) -- The slump in global credit markets will force banks, brokerages and hedge funds to cut lending by $2 trillion, triggering the risk of a ``substantial recession'' in the U.S., according to Goldman Sachs Group Inc....

Florida beat ya to it!!

Take that global markets!!


.

http://tinyurl.com/yrxcp4


"..Nov. 19 (Bloomberg) -- Federal Reserve policy makers won't cut their benchmark interest rate on Dec. 11, spurring a sell-off in U.S. stocks and a rebound in the dollar, according to Bear Stearns & Co. .."



Will Ben takethe high road or the low road?


What will plumment more?

A) Stock values

B) Panama City Beach condo prices

C) W's approval ratings

D) All of the above

http://tinyurl.com/yrxcp4


"..Nov. 19 (Bloomberg) -- Federal Reserve policy makers won't cut their benchmark interest rate on Dec. 11, spurring a sell-off in U.S. stocks and a rebound in the dollar, according to Bear Stearns & Co. .."



Will Ben takethe high road or the low road?


What will plumment more?

A) Stock values

B) Panama City Beach condo prices

C) W's approval ratings

D) All of the above

I'll take "How Screwed is the US Economy" for $100, Alex.

.

" I'll take "How Screwed in the US Economy" for $100, Alex...."



Oh, we're in for a collective augering, no doubt.

But therein lies the opportunities.

The rich AREN'T different;

http://tinyurl.com/yq7mjq



"AIN'T WE GOT FUN"

http://lyricsplayground.com/alpha/songs/a/aintwegotfun.shtml

"The rich get rich and the poor get children "

(The Great Gatsby)

That "R" word keeps popping up of late:

http://tinyurl.com/37csro

"Dec. 3 (Bloomberg) -- U.S. corporate profits are in a recession, and the entire economy may not be far behind...."

``The earnings recession has already arrived,'' says David Rosenberg, North America economist for Merrill Lynch & Co. in New York. ``We are going to see an economic recession in '08.''




Reality bites.






http://tinyurl.com/38xqtj