14 May, 2009 | by
Topics: Economy, Global

commonsense

I am begining to think that the lack common sense is what got all us into this Mega Mess. The problem is that common sense is still missing and I wonder why?

The markets are rallying and it’s good but shouldn’t we do a reality check before we get too carried away? I mean the expectation are so LOW that any number above the bottomless floor is sending the markets into rallies. We all want rallies but sustainable rallies please that are supported by solid fundamentals and not driven by speculative play. Folks are talking about recovery against the backdrop of some pretty bad numbers. Yes we are now seeing some mixed numbers ( some positives )come out from the 1st quarter but the real economy is still hurting.

To get some perspective let’s just look at the numbers out of UK released back on May 01, 2009 .

According to the Govt figures, nearly 5,000 companies in England and Wales went into liquidation in the first three months of 2009 and a record number of people succumbed to insolvency. continue reading »

7 Mar, 2009 | by


magnify_on_files

I just celebrated the six month anniversary of being in transition.  That’s the vogue way of saying unemployed these days.  Like many, I was recently down-sized, or as I was told to say, my position was recently eliminated due to a re-organization.  However you word it, I am out looking for work.

Reflection is inevitable during this type of life change, and I find myself looking back at the “rules” of Corporate America and how they seem to have changed. You know the ones I mean, those unwritten truisms we all know and try to live by, yet never saw in any handbook.  I thought I would offer an updated perspective during these uncertain times, from the other side of the paycheck.

Before I begin, let me say, I am not an expert.  I am not a career coach with formal training or special insights into the job market.  I’m just a guy, like many of you, making some observations based on my journey. continue reading »