Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

November 8, 2012 -- Quote Of The Day.

"I went out to a pub last night and, amazingly, everyone was spending money, drinking up, and having a good time. There's a recession only for the participants in the industry. There's no recession for 98% of the population," said Andrew Brough, a fund manager at Schroeder's.