The data keeps on getting a little worse. Today’s story is hidden within this report from MarketWatch: U.S. stock end sharply lower as credit woes return The real issue is the part about Wal-Mart. Few of us like Wal-Mart as a company: It is a terrible employer and damages small business wherever it goes. But […]

Watch this space. The New York Times is reporting that spreading credit problems are causing uncertainty in the markets: Stocks Tumble as Home Loan Worries Spread As usual Bush had nothing useful to say. He didn’t even mention the words “housing” or “mortgage” in his very limited comments at the Treasury Department. That only goes […]