The upset stomach continues
OK, enough with the Bud Light! The stock markets rebound after the huge loss from the other day with some of highest single day rallies posted since 1987. What is going on here? Enough with the Bud Light upset stomach hangover effects.
I had a great chat with a friend of mine today who is a colleague in the IT industry from North Texas and he stated that his market is still hot and lots of good things are happening. I have to say the same for Calgary, our market is doing good. So where is this doom and gloom that CNBC is reporting. Is it just Wall St and Bay St? I will tell you Thursday when I am down on Bay St.
What are you doing differently because of the economic conditions? Are you looking at buying a new car or a new home? Maybe, that is where people are hesitating.
I don’t remember 1987 to well, I just finished high school and was too interested in partying vs. watching the stock markets, but I guess it was pretty grim.
I am still the forever optimist and I am pretty confident that IT firms like mine at IT Matters will do fine. I have to feel for those guys that just jumped onto an IT Manager or Network Administrator role at a single firm. IT is always the first positions to be outsourced when a recession or economic downturn hits. Be prepared! That consulting role may just be the career that is most stable.
Keep your stick on the ice!
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