Fled Quotes
You've been gone so long from all that you know. It's been shuffled aside as you bask in the glow. All the beauitful strangers who whisper your name, do they fill up the emptiness? Larger that life is your fiction, in a universe made upon one.
- Sarah McLachlan
With today's report, the odds of a negative quarter of GDP growth have increased substantially, and the chances of a full-fledged recession just went up -- perhaps approaching 50-50. Job losses cut directly into the spending of the newly unemployed, and indirectly tend to have a very real impact on the confidence of those who are still working. If demand falls, firms will lay off more employees, and the downward spiral could put us over the edge into a bona fide recession before the Fed's actions can take effect.
- Bill Cheney
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