General Economic Conditions

Thoughts on Housing

Thoughts on Housing
Beginning in 2008, we have been painfully reminded how important a healthy housing market is to our GDP. As a point of reference, new housing starts plummeted a whopping 77% from a peak of 2.5 million new units in 2005 to a paltry 583,000 units in 2009. New housing starts in 2010 (605,000 units) and 2011 (624,000) are only slightly improved… read more →

A Glimmer of Sunshine

A Glimmer of Sunshine
I have become a bit fatigued with the stream of bad economic news (European debt crisis, fiscal deficits, blah, blah, blah) seemingly taking permanent residence in the Wall Street Journal. Consequently, I am choosing to start this macro-economic perspective with a little bit of sunshine by reminding ourselves the commercial climate isn't all that bad. For example, quarterly earnings, as… read more →

The Social Media Revolution

The Social Media Revolution
  Over the past few years, much has been written on the impact of the internet and social networking websites as a medium for business development and their impact on the globalization of the world economies. Interestingly, the social media sites have been highlighted for their role in geopolitical developments in the Middle East. As a sign of the times,… read more →
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