So Laslo Birinyi just called the bottom on CNBC...

Quote from syswizard:
the Wallstreet layoffs alone will bring this economy to it's knees.
Perhaps tens or hundreds of thousands of 6-figure earners to be left with a severance....and no option other than to independently trade or retire.
Yes, imagine 100,000 Wall Streeters being laid off compared to a total workforce of 146 million. It will drive the rest of the economy into the steepest recession since 1931, just like it did in 1991, 1998 and 2002!!!
 
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