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5 Comments on Recession coming!
First let me say the commercial before with the lady getting the hair cut was so funny.
Now about the recession, Yuk. I wonder if the media will ever speak about the positive. Maybe they are the people that are driving the recession?
Great clip! Lakshman trying to tell it like it is. :) I am not sure why they give him a hard time, but he calls 'em as he sees 'em, and I always appreciate honesty in reporting!
Michael: I enjoyed the clip and I don't think the message is "the sky is falling" rather "take notice and prepare." There are many things we can do now to better position ourselves for a recession. Taking a look at personal and business finances and restructuring how we do business should be our priority in the 4th quarter this year. Those that do will be ok for the long haul.
Maggie, I think CNBC is more of a cheerleader on the stock market.
Sonja, I agree Lakshman is very thoughtful and well versed.
Lorraine, I agree we need to be prepared, although I see this next leg down lasting through the election at least given the gridlock we are facing in Washington.
Thanks for the comments Maggie, Sonja and Lorraine!
Mike
Michael
There has been a lot of take recently about a double dip recession.
Good luck and success.
Lou Ludwig