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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: John McCarthy who wrote (107417)1/28/2010 2:52:36 PM
From: Earlie3 Recommendations  Read Replies (1) of 116555
 
John, Mish:

Then add in the psychological impact of the unemployment numbers on those who are still employed. These folk are shell shocked, have cut their discretionary spending to the bone and are now focussed on debt reduction. Employing the word "Recovery" in this environment is a sick joke.

Best,
Earlie
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