Trend will break tonight, once Dubai opens for business - will turn Asian markets south as well.
Dec. 21 (Bloomberg) -- Dubai World, which is seeking to restructure about $22 billion of debt, may be unable to present a “standstill” offer to lenders today as the terms of government support for the state-owned holding company have yet to be agreed, two bankers involved in the talks said.
Sonic you crack me up. LOL, I can relate though. The lies and the spins reminds of a "Twilight Zone" attempt at telling someone something enough times, convinced that enough people will believe it... but it isn't working. I am in constant contact with various retailers, and the pain is deep and severe. I cannot disclose specifics, but I am being honest. Especially Southern Cal., we are having a tough time justifying the renewing of a building leases. The Irvine Company, a MAJOR leasing/property/landlord group in Orange County, has a strict reputation against reducing leases, but has FINALLY started to negotiate deep discounts... a true indicator of the hardships that are being felt. If we do fall for the lies and spins, we deserve whatever fate falls upon us.