Hal.P.

GDP Report: Another Painful Quarter

It is good to see that the markets today are shrugging this news off. But as someone closer to main street then wall street I am left shaking my head. I and a good many of my compatriots are taking a good deal of our earnings and applying that to debt (mainly credit card) and savings. We don't quite see it as being out of the woods yet and I think there is an overall feel that another shoe is about to drop (credit cards and commercial mortgages).

I'm looking at widget ExactPrice right now and the fact that gold and silver remain fairly high tells me that others are still feeling a bit of wariness.