http://washingtonindependent.com/17556/bad-economic-news-and-the-end-of-optimism National News in Context Fri, 27 Nov 2009 07:13:02 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://washingtonindependent.com/17556/bad-economic-news-and-the-end-of-optimism/comment-page-1#comment-30091 bitch re�nieert — IT advertising Thu, 07 May 2009 11:28:20 +0000 http://washingtonindependent.com/?p=17556#comment-30091 [...] More bad economic news is out today already, with a jobs report showing unemployment leaping to a 14-year high of 6.5 percent much worse than expected. That news follows on the heels of a devastating retail sales report for October, which found a significant drop in consumer spending. With good reason, retailers are worried about a sluggish holiday season ahead. And thats all on top of a steep two-day slide on Wall Street. Heres the perspective one analyst offered to the Financial Times: source: Bad Economic News and the End of Optimism [...] [...] More bad economic news is out today already, with a jobs report showing unemployment leaping to a 14-year high of 6.5 percent much worse than expected. That news follows on the heels of a devastating retail sales report for October, which found a significant drop in consumer spending. With good reason, retailers are worried about a sluggish holiday season ahead. And thats all on top of a steep two-day slide on Wall Street. Heres the perspective one analyst offered to the Financial Times: source: Bad Economic News and the End of Optimism [...]

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