Upcoming recession
- Published January 17th, 2008 in Economics
For those having any questions whatsoever that the USA’s economic recession is getting closer and closer, take a look at the % change Year To Date (i.e., for the last 17 days) for the tech companies in the S&P500.
Even good news can’t beat the bearish market! Apple had, yet again, huge revenues and huge growth. What happens? A $40 cut since the tipping point!
On another note, Yahoo managed to survive with an astounding positive change of 0.43. Considering that every new day a Yahoo executive leaves the company, they’re doing quite well it seems.
No Responses to “Upcoming recession”