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Old 01-17-2008, 02:17 PM   #8
striperman36
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Join Date: Oct 2004
Location: Mansfield, MA
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Quote:
Originally Posted by fishpoopoo View Post
the futures market went UP when the merill news came out this morning and jobless claims were reported - people were expecting bigger sub-prime writeoffs by merill and higher jobless claims.

then the philadelphia manufacturing index came out at a six year low and ben bernanke started flapping his gums on the telly.

has anyone been paying attention to the stock market carnage over the past couple of weeks?

a recession is being baked in by the markets.
Carnage, what ever you want to call it it's really bad and global.
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