300m - 6:21 pm on Jun 25, 2008 (gmt 0)

I have seen a downturn in the technology sector. However, last month was worse than this month. I have been watching this since January and while i love 20% gains on profit, I am recently happy with a flatline or slightly better.

Gas prices are playing a major role. So is the risk of losing a home because of and ARM.

While I am lucky to be unaffected by the housing market, i am affected by fuel. I have found my self looking at things to buy online and deciding not to purchase. If i am not in bad shape during what i feel is 2 month in to a recession I can only imagine people that have V8 SUV's and ARM loans with a moderate pay scale is much less likely to pay for something that is not a necessity right now.

Also: Our company has seen its growth outside of the US for a little while now.