Recession Watch: We're Probably Already in One
Over at Silicon Alley Insider, we've been tracking recession signs for the past few months. Enough bad news is coming out now from enough industries now that I think it's reasonable to assume that we're already in a recession (Economists can't pinpoint recessions without the benefit of hindsight, and most recessions usually start while economists are still predicting that we won't have one).
Of course, whether we are technically in a recession or not is irrelevant--it's the trend that matters. And the trend is still getting worse. We continue to believe that the growing weakness will eventually hit online advertising, hurting AOL, Yahoo, Google, and others.
For example, in the past 24 hours, here's what's happened:
- FedEx cuts outlook, blames higher prices and economic weakness.
- Starbucks has weak quarter, blames economy and price inflation.
- Internet Brands reduces size/price of IPO.
- New York Times reports weak October revenues, especially in retail advertising...
Full recession timeline and background here.
It's so weird to me the big debate over recession vs. not a recession. I know you posted this way back in November, but I was just on another blog and they are painting a rosy picture of the current and near future economy. I was on http://fisher-investments.typepad.com. When will we know who's correct?
Posted by: mhallen | April 16, 2008 at 10:58 PM
This is a good site. I like very much.
Last Page
Posted by: symondlee | October 17, 2008 at 12:06 PM
Piaget Altiplano mens replica watches GOA29127 Ultra-thin Quartz White Gold,
TAG Heuer Link Automatic Chrongraph Mens Replica watch CJF2110.BA0594,
OMEGA De Ville Co-Axial Chronometer watch Reference 4831.31.32
Posted by: replica watches | October 31, 2008 at 07:26 AM
Hi guys,
Nice article, Hallucination is generally a very bad thing, especially when small mystical creatures are involved. But Microsoft Research has published a paper today that makes hallucination a lot more interesting, and a lot more useful. Thanks
NYK
Drug Intervention Iowa
Posted by: NYK | February 23, 2009 at 08:21 AM
very good
mirc mirc indir mirc yukle
Posted by: muharrem | February 24, 2009 at 05:03 PM
firma rehberi
full program
full forum
video izle
Posted by: Forumnettr | February 24, 2009 at 11:42 PM
It is very nice blog.
healthvault
Posted by: joseph | March 02, 2009 at 05:56 AM
Predictions have come true and we are going through a phase now. If precautionary measures were taken initially, economy would have not been hit so hard.
Posted by: JackMZufelt | March 03, 2009 at 10:45 AM
However you came to learn about Global Domains International, get ready for your life to change for the better, forever.
You will soon join a global family of thousands of excited individuals, from all walks of life, in more than 180 countries worldwide.
1000s of people worldwide are earning quiet fortunes, from their homes, even while they sleep. Are you next?
Income For Life? GDI 7 Day Free Trial
http://website.ws/longteng
Posted by: longteng.ws | July 07, 2009 at 10:11 AM
thanks admin good post
sohbet-sohbet odaları
- chat
Posted by: sohbet | July 13, 2009 at 08:13 AM