Investors around the world are running scared again today, dumping assets on an enormous scale. U.S. stock-index-future contracts fell by more than their 5 percent limit hours before stock markets opened in the United States. They are now locked at those levels. Markets in Asia and Europe tumbled. The sell-off has been triggered by one big company after another reporting weak earnings or expecting a slowdown ahead. Much of the world is sliding into a recession.
If you're looking for something -- anything! -- that might actually benefit from the present stinking rotting corpse of an economy, try blogging companies. We caught up with Six Apart CEO Chris Alden over a Belgian beer in downtown Washington, DC. As you might imagine, talk turned to the economy. And Alden offered a surprising note of optimism for his company.
As losses on Wall Street pile up, many investors will turn their attention to Silicon Valley Thursday afternoon, when Google reports its third quarter earnings. Here's what to listen for during the earnings announcement.