Recession ahead?Last week's report on declining employment was cited as evidence a recession could be looming, in combination with a dramatic fall in home sales, rising foreclosures, a lending crisis and a volatile stock market. So the Business Journal asks: Are you worried about the economy? Nigel Franklyn President Nigel Franklyn Innovative Spa Development As a business owner in what is largely considered a luxury industry, I worry how sustainable business A business is sustainable if it has adapted its practices for the use of renewable resources and holds itself accountable for the environmental and human rights impacts of its activities. can be in an economy that navigates spending toward more basic, utilitarian needs. I am fortunate, however, to have largely focused on a demographic whose budget guidelines might very. well temper any pending economic storm. Del Howison Owner Dark Delicacies This is a List of national delicacies. This list is sorted from where the food originated from. Many of these dishes may be normal to one culture, however to other cultures may seem bizarre. A delicacy is a food that is particularly prized within a given culture. Book Store No, because I think the economy was due for a drop to re-set itself. Ultimately, I think it's only good for the economy--although there may be pain in the short run. It needed an adjustment. I'm not afraid we're going into a recession. Michele Schultz Consultant DreamWorks Studios Yes. In the past month I have been researching and checking my investments to try to hedge against what I perceive as if not a downward trend at least volatility that's going to cause hardships and problems. I lost some money in certain kinds of investments that had been doing well--some home mortgage companies. I'm trying to get more in safer vehicles. D. Hunt Ramsbottom Chief Executive Rentech Inc. I am generally optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op about the economy. Interest rates are still low. Corporate earnings appear to be reasonably strong. However, yesterday the price of oil was over $80! In order to keep our economy growing, America must get serious about developing technologies and products that will significantly lessen our dependency on foreign oil and reduce emissions. Peter Winkler Winkler may refer to:
Chief Marketing Officer Teletrax Global Media Intelligence Why worry? The American economy--a juggernaut Juggernaut, India: see Puri. Juggernaut (Jagannath) huge idol of Krishna drawn through streets annually, occasionally rolling over devotees. [Hindu Rel.: EB, V: 499] See : Destruction powered by great innovation, technology commercialization and capital investment--continues to lead the world. Yes, the mortgage market and resulting volatility have created some concerns, but it's just a minor blip on the radar screen. A recession is inevitable, but it's not coming soon and it won't change the fact that our future gets brighter every day. Christina Martin Christina Martin (Born - January 1980) came third in the 2006 Funny Women Awards. She has been writing features and articles for Viz Comic since April 2006 and has recently started writing for New Humanist magazine. Chief Executive Equity Strategic Relations No, not at all. For starters, the trouble in subprime markets can be interpreted as an incentive for institutions to diversify into other markets as well as create new markets, which will be a good thing. Meanwhile, increasing stock market volatility is part of a long-term trend that is not going away, thanks in part to continuing growth and operations of hedge funds hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" and financial innovations including derivatives. [ILLUSTRATION OMITTED] Zafar Khan Zafar Khan was the Muslim Indian general of Alauddin Khilji of the Khilji dynasty, ruler of the Delhi Sultanate in northern India. Zafar Khan defeated an invading Mongol army near Jalandhar in 1297 to secure Alauddin Khilji's throne. Chief Executive RPost While it's important to be watchful watch·ful adj. 1. Closely observant or alert; vigilant: kept a watchful eye on the clock. See Synonyms at aware, careful. 2. Archaic Not sleeping; awake. of trends in the marketplace, we should be careful not to overreact o·ver·re·act v. To react with unnecessary or inappropriate force, emotional display, or violence. . The job data shows little unemployment change since last year. I don't think the subprime crisis has a broad-based impact on today's economy. I do, however, have more concerns about the continuous growth in the country's debt burden and how this will impact the long-term prosperity of the country. |
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