Thursday, January 10, 2008

Don't Look Now

Or you'll miss the Bush Boom. The seventh consecutive year, Larry says. Bloomberg (01.10.08):
"Profits at U.S. companies probably fell in back-to-back quarters for the first time in almost six years as financial firms led by Citigroup Inc. and Merrill Lynch & Co. lost billions of dollars and retailers suffered what may have been the worst holiday shopping season since 2002."

Profits at U.S. Companies May Drop on Subprime Losses

Christmas retail sucked too.

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