Your Daily Bloodletting

By dr. polidori

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Euro up to $1.50 and counting. (Can’t they pay us in euros?)

Larry Summers says a “recession is likely”–probably by summer. (Jeebus! He’s so self-absorbed!!!)

Oil should have finally bumped up over the centennial mark by then as well… Gasoline everywhere in the U.S. is over $3 a gallon in its cheapest grade at this “very moment in time”–whatever THAT is.

(Please ignore the link if your cosmology is stuck in the six thousand year range.)

Update: stocks down upon “fresh” credit woes.

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