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catoismymotor (40.16)

"The Worst Is Yet to Come": If You're Not Petrified, You're Not Paying Attention

Recs

9

May 15, 2009 – Comments (4) | RELATED TICKERS: POT , MON , CGA

This is a forward from Yahoo! Finance. I feel that this is an important story even though I am not as discouraged as Mr. Davidowitz.

http://finance.yahoo.com/tech-ticker/article/248398/%22The-Worst-Is-Yet-to-Come%22-If-You're-Not-Petrified-You're-Not-Paying-Attention?tickers=%5EDJI,%5EGSPC,DDR,XLF,GM,RWR?sec=topStories&pos=9&asset=&ccode=

4 Comments – Post Your Own

#1) On May 15, 2009 at 4:01 PM, portefeuille (99.59) wrote:

the link

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#2) On May 15, 2009 at 4:02 PM, russiangambit (29.25) wrote:

Alstry reported that one too. I actually was listening to it on Bloomberg, yesterday, I think. But Mr. Davidowitz was saying it for the last year , at least. I don't know when it is surprising.

ANd then just now I see an article on CNBC about what sectors might leas us out of the recession. And on of them is Consumer Discretionary. Do these people ever get out in the real world? I see empty strip malls everywhere, and Texas is not even hard hit by the recession.

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#3) On May 15, 2009 at 4:09 PM, catoismymotor (40.16) wrote:

Thanks, Portefeuille.

 

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#4) On May 16, 2009 at 3:38 PM, dividendhound (< 20) wrote:

From Yahoo Finance Article:

"But economic woes are as rough on the tummy as they are on the wallet. Chicago-based market researcher Information Resources Inc. reports that sales of laxative liquids and powders rose 11.5 percent for the 52 weeks ending April 19. Sales of stomach remedy tablets, including Pepto-Bismol and Phillips brands, climbed 8 percent."

DON'T FEAR, PREPARE!!!!!! (by buying hard assets like Pepto, before it costs $190 a bottle.  It's better than gold because you can use it!)

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