Let's stop arguing whether 2008 will suffer from a recession or not. Its time to realize we already are in a recession.
As the DOW keeps tumbling day after day, as a retail investor I fear from investing in the markets anymore. As layoffs are on the rise, unemployment in the US is climbing. The holiday season is over and one cannot hope the retail sector to post increased sales in the months to come. Housing is in the deepest of all troubles. Keep a constant watch on your wallet!
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