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There is no more question that the economy is once again slowing and may be getting worse. I believe the jobs report was the tipping point, and now there will be an accelerating downward trend as the fears over Europe, Iran, the fiscal cliff and all of the other issue are confirmed to be having a negative effect. This will lead to even more uncertainty and even lower jobs numbers going forward until next year. We may be in a situation which feeds on itself and just becomes a real no jobs growth situation. There is nothing at all on the horizon that will turn this around and everything that could even accelerate the slow down. We are in stall speed.

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