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With today's report, the odds of a negative quarter of GDP growth have increased substantially, and the chances of a full-fledged recession just went up -- perhaps approaching 50-50. Job losses cut directly into the spending of the newly unemployed, and indirectly tend to have a very real impact on the confidence of those who are still working. If demand falls, firms will lay off more employees, and the downward spiral could put us over the edge into a bona fide recession before the Fed's actions can take effect. Bill Cheney
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Perhaps, if I am very lucky, the feeble efforts of my lifetime will someday be noticed, and maybe, in some small way, they will be acknowledged as the greatest works of genius ever created by Man ![]()
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Saturday, Sunday and Monday, because it's a holiday, are going to be much lighter usage days, and many of the units that went off-line earlier in the week will be back up over the weekend, John Nelson
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We're still comfortable with the performance and expect Montecito to offer a 2X performance improvement over earlier versions of Itanium. William Giles
today
I think I made more putts today than I've made all year, Bob Gilder