With many traders exercising the option of forgetting all problems until after the holidays, I thought I would try to bring all those people back to earth. Below are just some of the recent doom and gloom articles that have been posted around the internet:
- GM, Chrysler Bankruptcies Would Hit Confidence, Deepen Slump
- This is What a Bad Recession Looks Like
- Cost of Living in U.S. Probably Fell as Economy Sank Deeper Into Recession
- Obama stimulus could reach $1 trillion: report
- Attack of the invisible hand of the free market
- Uncertainty over bailout casts a pall over Detroit
- Dollar Falls to 13-Year Low Against Yen on Concern Carmakers May Collapse