Just read the future in the headlines: Recession mounts an attack

If you want to see the future, read the headlines today.

It seems I am no longer a lone voice talking about a recession that I was a year and a half ago.  Out of 10 headlines from the very first RSS feed I perused today there were 5 that dealt with a falling economy and the prospects that we are already in a recession. 

All the major news outlets are running stories that deal with the bad news in the economy.  As it was announced that inflation hit a 17 year high and I believe it is heading higher. 

Rising inflation puts downward pressure on stock prices, downward stock prices  creates downward pressure on production, lower production puts upward pressure on inventory costs, which in turn puts upward pressure on consumer prices, and then we start the circle over again. 

Although I brushed aside a few steps in there, the headlines just don’t lie. 

Just read the headlines if you want to see the future today. 

©2008 Patrick Lalande All Rights Reserved

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