Peak Earnings Anyone?
Bit 'o honey:
It's anecdotal evidence, for sure -- but sometimes, it's a leading indicator. Citigroup (NYSE: C) is reportedly considering a pile of layoffs. Circuit City (NYSE: CC), same deal. Mass firings -- let's call them what they are, yes? -- are up. The prime pain areas are temporary help services, construction, and manufacturing, but what happens when those people slow their spending?...