Entries tagged "Perella Weinberg"
As the Dow hastens a retreat below 8,000, and credit markets remain mostly frozen, a pall is setting in over the media's tone and outlook on our economic climate. Coupled with the week's other news (Capitol Hill hearings and the latest consumer price index figures, to name a few), the Depression babble that was chic in the weeks before the election is starting again to drown out the post-election coverage of President-elect Barack Obama's plans for the future. It certainly doesn't help that the chiefs of the Big Three carmakers have spent the last two days looking for rescue funds...
