Everyone's positively perky about our prospects of late.
"Recovery in Bloom!"
Let's define our terms.
My portfolio is still short of two years ago. Our business is in reduced circumstances. The town is overspent. Mom is still retired and living on her portfolio returns -- a little less well of late. Real Estate is upside down here. The bank teller is working through her lawsuit with the builder from whom she bought two condos pre-construction in hopes of flipping them at the close. Instead, she's attempting to void the contract and save her home. The nation is in debt, and issuing bonds to pay. Our clients are in shock, and plainly "mental."
Personal, Professional, Local, State, Federal -- all in very different; but drmatically reduced circumstances.
So this is "Recovery."
I'm really looking forward to "Robust Health!"
Thursday, November 19, 2009
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