The lack of visibility
It’s the lack of visibility that’s got us tripped up about the economy. Just look at today’s SF Chronicle. On one hand, there’s an article on page C5 entitled “Fragile Economy improves a bit“, which sounds like good news . . . but it’s juxtaposed with a continuing article from page C1 entitled “Dow plunges 358 points, hits lowest level in 2 years“. It’s almost funny that the continuing headline on page C5 right before the “Fragile Economy improves” is the tagline about “a slew of troubling signs”.
In my daily conversations with executives, (more…)