Anonymous wrote:I’m getting old. Not AARP eligible but this is not my first recession rodeo.
I was talking with a fellow department leader who graduated post-2011 and with the exception of covid hasn’t experienced a market dip. They are way too optimistic about the prospects of our industry over the next 2-3 years. Even said “well it won’t affect us.”
Wrong! Our industry is predictably cyclical and lags by 6-12 months and when we feel it, we feel it hard.
I kind of want to burst their bubble — mostly so they don’t make a move that will have long term consequences- but the other part of me thinks I should not be an old hag and let them live in ignorant bliss.
Cool story right? Would you be factual and wave the flag or just mind my own business?
I’m getting my team ready by strategizing now…been there done that…
Recession? Market correction sure. But there is no reason based on the numbers to think a recession is at hand. Will there be one? Sure but no reason to think now. We are not really in a slow down. Economy is strong overall with a few weaker spots.