by Colin Lovett, PICurrent Managing Producer
So, it’s become quite the gruesome routine for me every morning. Wake up, pour coffee, prepare to get knocked out of my chair by news headlines. Yesterday, we learned prices are actually falling. Not a good thing.
Every other day, the stock market seems to play a game called “race to the bottom”. Everyone is doing very well at the game, but there are no winners. Kind of like skydivers who don’t use a parachute. They may hit bottom first, but all they leave is a mess.
Today? Even more of us are out of work and looking for a break. The number of jobless claims (those applying for new unemployment benefits), hit a 16-year high. This doesn’t even need an explanation. More people are losing their jobs, so more people will be filing for unemployment.
Right now it would be good to see some good news. I don’t see it coming though. With the holiday season coming up, expect more bad news on jobs, stocks and sales. But there are things all of us can do to make the best of the situation.
Like AJ wrote a little while back, we can all find ways to have a happy holiday season without breaking the bank. Check out her post here.
