Yahoo to fire 1,500 profit down 64%

Wall Street is doing terrible, in fact, the market is going down. Today is was down over 200 points and it held above 9,000, but the mood is sour. Yahoo will fire 1,500 and profit is down 64%. This is important because people look at P/E pr price to earnings ratio. If profit falls the price will follow. I predict that you will see earning go down as we go deeper into a deflationary depression.