Various Characteristics of Today’s Economy

I would like to mention an article in today’s Wall Street Journal, titled “The Economy Is Even Worse Than You Think.”

http://online.wsj.com/article/SB124753066246235811.html

I found the article does a good job of highlighting certain characteristics of this period of economic weakness.

These characteristics reinforce a theme mentioned previously on this blog, that we are in a “new (economic) environment.”

SPX at 901.06 as this post is written

 

Copyright 2009 by Ted Kavadas