I tend to talk a very pessimistic game when it comes to the economy. I talk like a bear. I tend to act more like a bull.
Rex Hammock made a great comment on twitter today:
I think we’re at that point when you should start shorting fear and go long on greed.
On my things to do [...]
How much risk is the Federal Government able to shoulder? As The Fed takes on additional risk in the form of a deal with JP Morgan and other banks, it is important to keep an eye on the total risk in the Fed’s “portfolio” so to speak.
As the US economy teeters, the expense of the [...]
I just saw a great byline quote in an article in this months Entrepreneur magazine:
“Numbers that are tracked and watched are numbers that grow.”
Personally I believe a key to successful business is knowing which numbers to track and watch. Then again, I also tend to believe that you can spot most problems in those numbers [...]
Google Spreadsheets are great. They can easily be shared without having to setup file servers. They can be updated via the API so that data can be kept current without user intervention. Unfortunately, it is pretty watered down compared to Excel.
Excel spreadsheets are great. They can contain complex calculations and charts. They can easily be [...]
What would it look like if US consumers started being more responsible with their money?
The consumer electronics market would decline.
Gift cards would be used for things like groceries.
New car sales would be down.
Single family home sales would slow.
It could easily be confused for a down economy or a recession. But…
The resale market would thrive:
This Saturday, at 9:00 am sharp, Plato’s Closet Murfreesboro will be having it’s Grand Opening!
After spending almost two months buying only the best gently used clothing we will finally be able to sell it.
I will be there from at least 9am until 2pm.
The economy is in the shitter. The housing market sucks and way too much of the avg person’s net worth is tied up in it. The retail market sucks, but with the negative savings rate we have had for years, we actually need to not spur consumer spending. The US budget deficit is so large [...]
There is a great opinion piece in the current issue of Conde Nast Portfolio about “why companies should forget social responsibility — and why we should let them”. I will look for a link later when I get online (found it). It is a great article and you should read it if you are interested [...]
There doesn’t seem like there was a whole lot of R&D dollars behind the announcements at MacWorld. I would imagine Intel paid the brunt R&D to get the chip smaller in the MacBook Air. Other than that there wasn’t much new tech, mostly just new software updates. Could it be that Apple is [...]
A couple of days ago I left Sprint for AT&T. Recently I posted that now is the wrong time to buy a new cell phone (as Chuck Bryant reminded me). So what changed?
First off, let me just say that there has not been a 180 shift in my position. For many people now is not [...]
