A few observations from London and New York…

1. Nobody really knows what’s going on
2. Current reality hasn’t quite hit home yet
3. An invisible issue is commercial credit
4. Volatility hasn’t gone away
5. January & February could be quite nasty
6. People are looking for permanency, certainty and control
7. Economic scenarios are reasonably well thought out by some but the ideological consequences aren’t
8. Companies are using the economy as an excuse to get rid of people
9. Some individuals would like a hard recession because then they could devolve all responsibility
10. Asking people to spend to solve a problem primarily caused by debt seems somewhat ironic and very short-term