Just a few words about 2012 and the upcoming false spring.
It appears consumer and business confidence is on the rise. Christmas was a good season for retailers - especially online.
Just don't get lulled into any false security about the US economy. Election years traditionally are better because politicians pump $$ into the economy and run on those good deeds.
This year is no different. Understand that none of the fundamentals that created the last 3.5 years have changed and a week before Christmas the national debt surpassed the projected GDP for 2012. That is real coal in the stocking.
Starting tomorrow with the Construction Spending Report from the Census Bureau, we are upgrading our Market Intel Services for small biz (under $50m Revenue) to provide actionable data on US economic performance.
However, on the first work day of 2012 I will close with this note and our theme for most of 2012 - the projected economic upturn is a false spring with multiple domestic and international threats. Make as much money as you can and preserve it. After leaning out your company, build it's fat reserves because when the real winter hits - it will be hard.
Success and Prosperity - eastman
...from the French routier and Dutch ruiter, meaning "something that finds a way". A guide who leads the way through a difficult or unknown course; a pilot book or guide carried by navigators; a precursor to the modern navigation chart. A pilot is a master mariner with many years of experience guiding ships through the narrow, shallow, and dangerous coastal waters between a harbor and the open sea. The pilot is only an advisor, as the master remains in legal, overriding command of the vessel...
02 January 2012
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