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Anybody reading this blog knows that the media has been adamant about the U.S. economy tanking into recession, with reporters putting their notebooks and tape recorders down and waving pom-pom's in support of economic strife for millions of Americans.
Why? Once again, who knows? Probably because...
Read More | Feb 21st, 2008
Even as U.S. Treasury Secretary Henry Paulson reassured us on Friday that the economy "would not go into recession" in 2008", some people, especially consumers, aren't buying it.
This is exactly what I'm talking about when I vent over the power of perception and the media's glee in talking down...
Read More | Feb 9th, 2008 | Comments: 1 | Last Comment: Feb 10th, 2008
It didn't take long for the Federal Reserve to act after this morning's announcement that last quarter's Gross Domestic Product (GDP) number - the key index in measuring the health of the U.S. economy -- was a lousy one.
For the quarter, GDP clocked in at a meager 0.6% - about one percent lower...
Read More | Jan 30th, 2008
You've just to love it.
Honestly, you just can't make this stuff up.
One day after the business media engaged in an epic bout of hand-wringing over a decline in home sales values, a new report out today shows that consumers have looked at the housing mess, saw that it impacted only about 1% of...
Read More | Sep 28th, 2007
Corporate marketers are paid to think five years ahead of the curve.
Like hockey great Wayne Gretzky, who once said that he didn't skate to to where the puck is, but "where it would be", today's marketers have to know where the consumer marketplace is going, not where it is right now.
Forrester...
Read More | Sep 10th, 2007 | Comments: 4 | Last Comment: Sep 11th, 2007