Dream Big
I’ve been continuing to read good news regarding our nation’s economy. As far as my business is concerned, I really can’t complain. Inventory is higher than I’d like, but properties are still selling.
I can only hope that the continued reports of upward movement in of our economy will instill confidence in consumers.
Here are some top stories that I think are encouraging signs.
According to an AP report, JP Morgan Chase reported that it earned $2.14 billion for the first quarter of this year. Although it’s down from the same time last year, the profit was good news for the financial sector.
Loan defaults and credit card debt still continue to grow, to the tune of $10 billion. The upside is that low borrowing rates are bolstering its bottom line. “When a bank can borrow cheaply, it can profit more from lending,” the report says. And JP Morgan Chase’s acquisition of Washington Mutual has turned out to be a profitable move.
This good news comes after last week’s report that Wells Fargo also had a surprisingly good first quarter. We’ll hear about Bank of America and Citi next.
Morgan Stanley Chase received $25 billion in US bailout money, and it plans to pay the government back soon. Although the overall news is positive, you also have to take into consideration that their stock is down a 39% from 2007.
And to continue on this wave of positive reports, have you seen Susan Boyle? She's the contestant who appeared in Britain's Got Talent last week. She sang "I Dreamed a Dream" from the musical, Les Miserables.
The last time I checked, she had nearly 15,000,000 million views on one of her many You Tube videos, which means that this is old news to many of you. And considering that there are several similar You Tube posts, the 15,000,000-viewer figure is a conservative one.
Her story couldn’t come at a better time. We’re feeling the strain of bad news constantly: the worst recession in years, companies in trouble, wars abroad, and more.
And here is this 47 year old woman, never married, lived with her mother whom she took care of until her death in 2007, who wows a packed theater, TV viewers across the UK, and eventually millions around the globe.
This speaks volumes about the power of not only social media, like You Tube, but also how much we love to hear about triumph over adversity. I suggest you pass this link on to anyone who’d benefit from her remarkable story. http://www.youtube.com/watch?v=9lp0IWv8QZY&feature ♦Digg it ♦del.icio.us ♦Add to Technorati Faves
I can only hope that the continued reports of upward movement in of our economy will instill confidence in consumers.
Here are some top stories that I think are encouraging signs.
According to an AP report, JP Morgan Chase reported that it earned $2.14 billion for the first quarter of this year. Although it’s down from the same time last year, the profit was good news for the financial sector.
Loan defaults and credit card debt still continue to grow, to the tune of $10 billion. The upside is that low borrowing rates are bolstering its bottom line. “When a bank can borrow cheaply, it can profit more from lending,” the report says. And JP Morgan Chase’s acquisition of Washington Mutual has turned out to be a profitable move.
This good news comes after last week’s report that Wells Fargo also had a surprisingly good first quarter. We’ll hear about Bank of America and Citi next.
Morgan Stanley Chase received $25 billion in US bailout money, and it plans to pay the government back soon. Although the overall news is positive, you also have to take into consideration that their stock is down a 39% from 2007.
And to continue on this wave of positive reports, have you seen Susan Boyle? She's the contestant who appeared in Britain's Got Talent last week. She sang "I Dreamed a Dream" from the musical, Les Miserables.
The last time I checked, she had nearly 15,000,000 million views on one of her many You Tube videos, which means that this is old news to many of you. And considering that there are several similar You Tube posts, the 15,000,000-viewer figure is a conservative one.
Her story couldn’t come at a better time. We’re feeling the strain of bad news constantly: the worst recession in years, companies in trouble, wars abroad, and more.
And here is this 47 year old woman, never married, lived with her mother whom she took care of until her death in 2007, who wows a packed theater, TV viewers across the UK, and eventually millions around the globe.
This speaks volumes about the power of not only social media, like You Tube, but also how much we love to hear about triumph over adversity. I suggest you pass this link on to anyone who’d benefit from her remarkable story. http://www.youtube.com/watch?v=9lp0IWv8QZY&feature ♦Digg it ♦del.icio.us ♦Add to Technorati Faves
posted by Myra Nourmand at
4:52 PM
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