Did I once say everthing’s going to hell in a handbasket? Yes, I think I did, in this post. Well, that was then! Look what’s happening now!

• Jobless claims jump unexpectedly to 7-year high
• OECD says developed world in recession
• Foreclosure rates up 25 percent year-over-year

And yet, and yet, I see this this morning: S&P 500, Dow futures jump on Wal-Mart optimism. I guess everybody’s going to their local Wal-Marts these days to save money. Hey, when the barrel’s almost empty, why not scrape the bottom of it? So, let’s see what the new day brings. How low can things go? Pretty awful low! Way more to go? I think the world’s going to hell in a hand basket. HA HA?