If even companies like Kellogg's, selling food, are in big trouble, obviously there is a problem. Employees at each company tend to be myopic, only seeing what's going on in their little world.
This isn't about Kellogg's, Sears, At&T, or Intel. It's about the entire economy, which was propped up by the loosest credit and lowest interest rates in history....and the FED printing trillions in Monopoly money.
That doesn't create a recovery, it creates a massive bubble. And now it is beginning to pop. God help us all.