Wednesday, September 5, 2012

Rosey Report

Today is a day of some good news on business and Investment as the Dow edges up on reports of some companies actually post profits. The good news is a huge shot in the arm for many companies and smaller investments. The unfortunate part of this is it is not a reflection of long term growth in the economy. With unemployment still average at 10.8 percent and many companies still forced to downsizing the workforce the effects have certainly being felt at the middle and the bottom of the economy. The flip side is that more people are getting richer at the top end of the spectrum and moreover salary in this bracket has seen the largest increase. This is good for business and investment but bad if your like most people who are the other ninety percent who ate the cost of job failure. The rosey picture is becoming only for the select few who have adjusted to this global economic shift in this recent decade. To be a success now you no longer can do it with simple sales and products but instead you have to add many new components to add value to beat your competition. This does reflect the overall attitude and climate of both business and investment in the 21st century.  Completely different from even a decades back when the product or services just sold themselves. This is how much business and investment has changed just in this century to a value added technology based profile..

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