Recession

Or should we say stagflation? Commodities prices s soaring, the dollar is very unstable, and the jobs numbers say 3.5 million new people are out of work.

NEW YORK - U.S. stocks headed toward a modestly higher open Friday ahead of the Labor Department's December employment report, which Wall Street hopes will point to consumer spending continuing at a healthy pace.

It is time to call a spade a spade, but lets see what happens.