Thursday, January 03, 2008

25 Year Bad?

http://www.ft.com/cms/s/0/222d0910-b932-11dc-bb66-0000779fd2ac,s01=1.html?nclick_check=1

Latest News 25 Year worst market start in 25 years (see link). As I mentioned before the recession is here. Was is disconcerting is how every report is worst in 20+ years in economic factors across the board. It's already well known on Wall Street that the only thing that has held off 1929 Depression movements are the Fed pouring tons of money into the credit markets.

The Fed still needs to wake up but I wont say more. They ALWAYS drag their feet prior to every recession. Anyway its interesting to see where pending stuff is gonna take the country over the next 10 years.

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