Yahoo Warns of Slowing Internet Advertising Sales

narramissic writes "Yahoo chairman and CEO Terry Semel warned that a slowing U.S. economy is starting to impact ad sales, particularly in 'autos and financial services.' But Yahoo was careful to note that it cannot tell whether the current slowdown is a sign of broader trouble or is limited to ads from the auto and financial sectors."

Comments

64% of the US budget is military spending

[Colin Smith]

With that proportion of the economy involved in getting blown up and destroyed it's not entirely surprising the economy is in trouble.

http://www.thebudgetgraph.com/

Most of it is paid by borrowing rather than taxation, but the increased money supply simply kicks inflation and therefore interest rates into high gear. It'll get worse as the Arabs liquidate their dollar holdings.

Re:Gads, where does one begin?

[TopShelf]

Don't take this story for more than it is. Yahoo is adjusting their guidance for the quarter downwards (at the low end of their range, not below it), and they note shortfalls in a couple major advertising sectors. There's nothing long-term about it, and they're tossing up a broader slowdown as a possible reason for their shortfall. That sounds like speculation more than anything else...

And yes, IAAE (at least that's what my degree is in, I don't work professionaly as one).