Profit Forecasts Down: Surprise!?

So US retailers are forecasting gloom to come. Is anyone paying attention to housing and credit? To how much the USA is spending in Iraq? Just print more money! When US consumers finally come out from behind the smoke and mirrors that the Fed has given them since 2001 to prop up the economy, look out. Has this begun? Isn’t the Canadian Dollar gaining on the US Dollar? Uh-Oh! Time will tell.