The Lock-Outs Begin.

<p>Finally, we come to labor, and the area I think will be the real wild card this quarter. As we discussed yesterday, I believe that this quarter will be the beginning of the great Lock Out. A time when many, perhaps most leading companies will begin locking out their employees. </p> <p>Over the weekend we saw American Airlines cancel thousands of flights presumably because certain of their employees refused to comply. </p>