Various: SocGen, Landscaping, and Gas Spending
A few quick things to empty out my brain:
- A mind-blowing SocGen report is making the rounds that says an "economy and equity market meltdown imminent". While SocGen's strat team are always apocalyptic, this one is particularly spooky -- and nicely timed, given today's kerplunk in capital markets
- Talked to a high-end San Diego landscaper today who had 145 employees two years ago, and has 32 today. Things are that bad, even at the high end.
- There seem to be a lot of people in agreement that Pimco's Bill Gross has finally crossed over from talking his book to trying to play shadow Treasury
- Latest SpendingPulse data shows U.S. gas spending getting closer to year-ago levels
- TheStreet's Banks & Thrifts screener is kinda nifty (TSCM)
