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Mark to market is R.I.P. But that's good news. Sentiment is building in the punditosphere that unemployment has not yet peaked and might not peak until 2010. TechCrunch reports that not a single venture-backed company IPOd in first quarter and M&A transactions were down by half compared to a year ago. Twitter is the next MySpace, according to this post. Too many impostors, follower counting and other sad parallels.

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Doomsday Scenario: Higher unemployment, no IPOS, Twitter DOA -- already originally appeared on BloggingStocks on Thu, 02 Apr 2009 16:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>consumer spendingConsumerSpendingmorgan stanleyMorganStanleynewspaperssocial mediasocial nesocial networkingSocialMediaSocialNeSocialNetworkingspendingtwitterunemploymentunemployment rateUnemploymentRateThu, 02 Apr 2009 16:30:00 EST