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Re: Headline News Today...Reviewing the Headlines for this week.... Just my opinion... I think the domino effect will be getting worse than expected ... much worse than what we have seen so far. And wide spread over many business sectors. Certain sub-sectors in the REITs will hit some really hard times. Ditto the petroleum industry. This expectation will be modified if employment and wagers unexpectedly get healthy again. Big firms have the where-with-all to bring back laid off employees but the biggest percentage of employers are the small business companies and they will be forced to cut back on the number of employees and perhaps cut back the pay .... also some will not survive and go out of business... In that case that area of unemployment might find it very difficult to find work anywhere even at minimum wage. Yeah I know ... grim. But gaining higher percentage of possibility as each week goes by. but like I started out .... just my opinion. ***PinewoodsBear*** |
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