You made it, now what
You made it through 2007 then you should do fine in 2008.
That’s not to say that it won’t be a ride. If past is prologue then we all have plenty to chew on. However, America is beginning to take its head out of the sand and prepare to face the economic ramifications of rampant spending, predetory lending, and a weakening dollar. We haven’t yet hit bottom, and depending upon the confluence of factors, mainly the housing market, we may have farther to fall then we expect. There is better news to report.
Unemployment is holding near record lows so jobs seem stable. The technology sector is enjoying growth in both major players and start-ups alike so a burst in the Web 2.0 bubble doesn’t appear imminent. And the industrial and consumer markets seem capable of absorbing an ever increasing oil bill. I am not so naive as to believe the economy is as strong as those numbers would suggest, however, they offer a great jumping off point to couple with proper planning, good communication, and a little luck to make for a much improved year.
I have prepared a few finance articles to help plan for a strong finish say… 364 days from now. Here’s to a Happy and Prosperous New Year to us all!
