This week has not been good for me, especially yesterday, when two of my recent stock purchases (MCD and AMX) made financial headlines . . . for all the wrong reasons. Really, it's a bad day on Wall Street when the Golden Arches and the Gold card are well, not the gold standard.
Of course, it's no surprise that the stock market had the worst kickoff to the year since 1932. The credit crunch came for a visit in August and hasn't left town since, economic growth has been spattering along, and lately the dollar's been doing as badly as Bill Richardson in the primaries.
2008 sure is looking shaky like a Polaroid picture. From all accounts, well relying exclusively on the lipstick index (sales are poised to rise by 38% in 2008), this year is not going to be golden. If I were going to pick a color for this season's color, it would have to be Recession Red.
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