The fundamental economic condition

has not become better, it actually is getting worse:

March existing US home sales fall by 3 percent
- AP - 12 minutes ago
A real estate group says sales of previously occupied U.S. homes sank by an unexpectedly large amount from February to March, dashing hopes of a spring housing recovery.

UPS 1Q profit plunges more than 55 pct. - AP - 8 minutes ago
UPS Inc., the world's largest shipping carrier, said Thursday first-quarter profit plunged as fewer people sent packages and used premium services like next-day air amid the global financial crisis.


ConocoPhillips says profit down 80 percent - AP - 45 minutes ago
ConocoPhillips said Thursday its first-quarter profit tumbled 80 percent from a year ago as sharply lower crude and natural-gas prices walloped results at the nation's third-largest oil company.

New jobless claims rise more than expected to 640K - AP - 1 hour, 24 minutes ago
New U.S. jobless claims rose more than expected last week, while the number of workers continuing to filing claims for unemployment benefits topped 6.1 million.




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