Friday, April 24, 2009

In the northeast, winter has continued well into April.  The cherry trees haven't fully bloomed yet, but this weekend the forecast is for summer-like weather (sunny and 80 degrees).  I feel like I'm back at college in upstate New York where Spring and Fall were only a couple weeks long.

As far as business thawing, it's hard to spin the impending chrysler bankruptcy, American Express's 56% reduction in net income and the next bubble of commercial real estate into positive light.  Hopefully sentiment will continue to go up and confidence alone can pull us out of this mess.  It's going to be an interesting 3 months....  It’s hard to know the timing but, as usual, scrappy small businesses will create the value that ultimately will bring back the economy.

 

4/24/2009 1:05 PM Eastern Daylight Time  #    Disclaimer  |   |