From the Reuters wire with a F'up headline:
SNAPSHOT - Financial Crisis - 2024 GMT
. . . . . . . . QUOTES "U.S. data continues to get worse and worse, and is even
coming in below expectations" - Georgina Taylor, equity
strategist at Legal & General Investment Management
"If forecasts of improvement don't materialize, the Fed is
not without capacity to act, even with the fed funds rate at
its lower bound" - Atlanta Fed President Dennis Lockhart
"Germany will not refuse to (financially) support the IMF
if necessary. But we should avoid talking down countries that
are not encountering difficulties because there are lots of
rumors circulating that can breed weakness" - German Chancellor
Angela Merkel
"Another day, another initiative. This is how it sometimes
feels, and it is perhaps no surprise that markets are becoming
a bit exhausted at trying to discern the impact of whatever the
latest announcement, policy or programme might be" - client
note from broker Calyon.
"The economy is worsening rapidly and is in a severe state"
- Japanese government's February report on the economy.
Yikes!!!!!!!!!!!!!!!!!
Not good news from the quotes. The other bullet points we not much better. I hope we can get past all of this partisan crap and get on with healing this country's economy.
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