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"Doom and Gloom!"
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I just started reading the blog
Calculated Risk
. A lot of bloggers have praised it for incisive reports on the current economic troubles. It did NOT cheer me up. Nuthin' but doom and gloom. Here's a sampling of post titles:
ISM Non-Manufacturing Index Plunges in November
More Bad Employment News
Chrysler sales off 47%
GM Sales Off 41%
GM Sales Off 41%
Credit Crisis Indicators
Mortgage Delinquency Rate to Rise Sharply in 2009
Paulson Speaks, Market Crashes
It just goes on and on. (For an explanation of what the heck the A2/P2 spread is, see
here
.)
On an even sadder note, one of the primary bloggers at Calculated Risk recently passed away. Tanta was beloved by many and even the
mainstream media
has
taken note
of her passing. So sad.
posted by Zachary Drake at
5:25 AM
on Dec 4, 2008
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"Doom and Gloom!"
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