In the article Ongoing inflation fears weigh on stocks they talk about how the price of crude oil is at $57 a barrel, interest rates are rising, and how the stock market is falling. Many large companies are making major cut backs. Could this be the beginning of a recession? I think that is what is happening in our economy right now. Our unemployment rate is up and we are having major cut backs. I think that it is time to watch for the recession's effects to start happening.
Posted by Nick at 3/21/2005 12:14:00 PM