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Our Survey Says: " U S A In Recession - Now"


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HOLA441

Page may load slowly http://online.wsj.com/article/SB1205345194...?mod=yahoo_buzz

Most Economists Say Recession

Has Arrived as Outlook Darkens

By PHIL IZZO

March 13, 2008

The U.S. has finally slid into recession, according to the majority of economists in the latest Wall Street Journal economic-forecasting survey, a view that was reinforced by new data showing a sharp drop in retail sales last month.

"The evidence is now beyond a reasonable doubt," said Scott Anderson of Wells Fargo & Co., who was among the 71% of 51 respondents to say that the economy is now in a recession.........

Edited by The Last Bear
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HOLA442
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HOLA443
Now, what kind of 'good news' can they dream up between now and the Wall Street open?

Answers on a postcard to: "I'm in deep sh1t and the financial system is collapsing Darling, 11 Downing Street, London"

They could talk about 3 frozen desserts for the price of 2 at Sainsbury's (cheapest one free).

And some libraries have now installed a hot beverages vending machine.

That should tip the balance back.

Edited by The Last Bear
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