When Will Advertising Recession Hit? This Quarter

From Silicon Alley Insider

Most major Wall Street firms are now predicting a recession (or saying we’re in one). Financial services firms, retailers, cable companies, and phone companies are hurting. Credit card companies are suddenly seeing a slowdown in consumer spending and an increase in delinquencies. Etc.

The dominoes are falling, but at many big media companies the current refrain is still a cheery "No recession here!" continued here…