Tag: National

Has the Recession Arrived?

Staff Writer

Whichever candidate comes out on top of the electoral college today, (and not the popular vote) he may just be inheriting a full-blown recession in addition to two wars and several other national security issues. According to the National Association for Business as reported in BusinessWeek, demand—as in supply and demand—is on the downturn for the first time since 2001. And that might just be the one defining factor when taking in the current economic reality:
From BusinessWeek:
“U.S. business conditions worsened in the third quarter and are likely to deteriorate further, according to an industry study released Monday.
The National Association

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It’s Real. It’s How People Feel.

Staff Writer

Fear cannot be banished, but it can be calm and without panic; it can be mitigated by reason and evaluation. « Vannevar Bush, American scientist (1890 – 1974)
Like many Americans, I have been watching the national news a lot lately. On CNN recently, there was an interview with Suze Orman,
personal finance expert. In this interview, she answered the question: Is the financial fear and panic occurring on Wall Street and throughout the nation counterproductive? Her answer, “It is not counterproductive, it’s real. It’s how people feel and the markets are made up of how people feel. They buy or they sell

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