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The Worst Is Just Beginning

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February 12, 2008 – Comments (0)

  WASHINGTON (MarketWatch) -- Consumer optimism is falling at the fastest pace since the 1990-91 recession, according to a weekly survey released Tuesday by ABC News and the Washington Post. The ABC/Post consumer comfort index fell four points to negative 37 this past week, the lowest reading since November 1993.

 

High-yield retakes the stage as messenger of gloomSpreads widen, returns tumble; still, default rates are near 25-year lows

 

Yahoo plans to notify 1,000 employees of job cuts

GM Posts Biggest Annual US Auto Loss

 

Q for Paulson: Is the worst over?
Paulson: The worst is just beginning.

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