Archive for August, 2009

The Jobless Recovery… And Your Job

Monday, August 31st, 2009

A great deal of debate is unfolding regarding the nature of the current economic recovery. There is no doubt that a recovery has been underway and reflected in the stock market. In fact the Dow has seen a 45.8% increase since its March 9th low. The debate centers around how the recovery has unfolded, i.e. with less bad economic data and cost driven improvements in corporate earnings. It is the latter point that should be of concern for the 90.6% of people who are still currently employed. (more…)

Squeezing Sand

Wednesday, August 26th, 2009

The health care debate is at once fascinating and exhausting. The interminable chin wagging from both camps is luckily interrupted, from time to time, by moments of clarity. (more…)

Where Are The Experts?

Monday, August 24th, 2009

If the events of the last few years have taught me anything, it is that when it comes to the capital markets, there are very, very few experts. Sure there are lots of people in this space that benefit greatly by our believing that they are experts, driven mainly by a lack of confidence in our own abilities in this space. But what I’ve come to recognize is that the same forces that cause us to question ourselves should fuel a healthy dose of speculation about the “experts.” (more…)

Stress Dampens Innovation

Wednesday, August 19th, 2009

What many of us have suspected for a while, that the high stress workplaces of the new millennium negatively impact employees ability to innovate, has been proven with research. Well, sort of. (more…)

Blame it on the Recession

Tuesday, August 18th, 2009

Some companies have found a silver lining inside this big gray cloud of a recession. It provides superb air cover for otherwise poor operating results. Consider it a derivation of the “Devil made me do it” theme. The mantra for some of these businesses is “the recession had a big negative impact on our operating results in the quarter, blah, blah, blah…” In other words, “the recession made us not do it.” (more…)