We are the World

Its a blog on Emerging Technologies, Music, Film reviews. Have to name this blog as "We are the world" as that particular song is one of my all time favourite written by Michael Jackson and Lionel Richie and sung by Multi-artist group of Dianna ross, Ray charles,Steve wonder,etc.

Thursday, January 17, 2008

already in recession ??



U.S. stocks sold off for a third day straight, propelling the Dow to near 10month lows, as Federal Reserve Chairman Ben Bernanke spoke about the country’s economic trouble and a regional measure of economic activity contracted. “When reminded about how bad things are, the market remembers it should go down,” said Art Hogan, chief market strategist at Jefferies & Co. “And, it is going to take more than just monetary policy to clean up the mess we’ve made with this economy,” Hogan said.

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