Despite the public efforts of the Fed and the Bush Administration, last week the Dow fell 507 points. The S&P 500 Index is currently down 9.75% for the year through last Friday’s close.
Recession: It’s Coming
Today, markets from Asia to Europe are dropping like rocks in anticipation of the US economy heading into recession.
Is your firm recession proof? How’s your liquidity? Have you been letting your receivables age a little bit too well and have you been paying your vendors too fast? Are your major customers looking shaky?
Looking for a light at the end of the tunnel and hoping it’s not a train? Well, start here.