There's always unemployment even during good years what with so many jobs shipped overseas, but 9.8 is a pretty scary number. China is always growing but even they're tightening it right now, and it seems the U.S. is conceding there is no room for growth and that we're just going to tighten our belts as well and go back to square one. All of the central banks in the world right now are indeed lining up behind the Fed to see who can print the most money. Not good.

But don't count on me to buy mom jeans at K-Mart this Holiday Season. I'll stick with Nordstrom (another great stock, btw).