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Strategies & Market Trends : Value Investing
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To: anializer who wrote (32935)12/6/2008 1:05:24 PM
From: Spekulatius   of 78661
 
Another Sign of time(s) -
just 2 month ago I received many spam mails about how to get a larger Dong. Those are mostly gone. Now I receive emails titled "Jobs in you area" or similar.

FWIW I think it would be tough for just about anybody to find a job nowadays. It certainly would be for me in engineering and it would be plain impossible without relocation. I think the bulk of layoffs will be incurred early next year.

I heard that hours worked are -5% YOY. I think this will mean 5% annualized GDP growth. I think we will have at least 2 quarters in the -5% range. The big question is - is the -5% it or will we spiral down from there.
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