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Monday, March 5, 2007

Economic Jitters?

With the stock market getting so much attention lately, there has been increased word that a recession may be ahead. Stocks have certainly been volatile, but I'm not so sure that a recession will be underway. The country is certainly due for a slowdown, but U.S. companies are still posting strong gains and their balance sheets are looking very good in many instances. Who knows what the rest of the world will experience, and that uncertainty does affect us in this global economy. But overall, I'm not too concerned as long as we can continue plugging ahead and remain productive. More job creation certainly wouldn't hurt, but I think overall we're poised to ride out this latest storm.

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