With another plunge in the market, another 12,000 layoffs at Countrywide, and a crappy employment report, Wall Street has finally begun acknowledging the possibility of a recession. We continue to believe a recession is not just possible, but likely. We aren’t expecting another dotcom bust, but a recession would depress valuations, hiring, revenue, financing flow, and company formation. So, prepare for a hit to your top and bottom lines, and raise more money than you think you’ll ever need.
Your Recession Prep Kit:
Countrywide Stock Chart Foreshadows Yahoo, Google, Bankrate, et al?
BankRate CEO Call: More Reason to Worry About Online Ads
Mortgage Mess: How Bad Could It Get for Online Advertising?
The Market’s Crashing: Are You Recession-Proof?
What Happens to Yahoo/Google et al in Recessions