whidbey

Why We Need To Play Defense

As though we need advice to be defensive. What you might have better said is that the treasury has bailed - out the financial institutions (maybe), and ignored the demand component of the markets. Consumers are dazed, uneasy and not the lease interested in playing the market,. They will simply lay low for a while and the economy will quietly slow down as spending falls. Then employment will fall and then the house of cards will shake rattle and roll again. Consumers are everything in this economy, not the banks, and when they say its over with their spending its over.