Had to check up on things. The DJIA is hovering around 8500, still much higher than the 5500 I predicted. I hope I’m proven wrong, and we are at or near the bottom. I think there are people/organizations out there with some money and still bargain hunting on the stock market. And with the interest [...]
Posts Tagged ‘economy’
Dow Jones update, not so bad…
May 7, 2009How do we inspire the next generation of engineers?
April 15, 2009Been very busy, but no excuse not to keep blogging. Anyhoo, here is a blog post I wrote for the Industrial Control DesignLine. The Thomas K. Mattingley keynote address at the Embedded Systems Conference really brought back the feeling of excitement that was present during the space race. Will there be events that will capture [...]
Some thoughts on bail-outs
January 28, 2009I finding it hard to really get behind the bail-outs that are being proposed in both the US and Canada–and around the world. One of the premises of the capitalistic system is that good companies rise to the top, and bad companies fall away. It is up to the consumer to decide the successes and [...]
Cut Taxes–Increase Spending. Nooooo!
January 13, 2009It looks like Bush’s favourite tools are going to be used by Obama, despite what a mess they put the government in. Too many politicians go with the message of cutting taxes, yet politically important groups seem to get funding when needed. So now the President needs to spend money to get out of the [...]
Boom, decline, maintenance.
December 17, 2008The semiconductor industry is seeing a decline in demand for many products–this is especially prevalent in DRAM. Currently there are talks with DRAM manufacturers about bailouts from the Taiwanese and South Korean government. A colleague at EE Times, Mark LaPedus, writes about this being a bad idea as any bailout will temporarily save jobs but [...]
More Lay-offs
December 5, 2008I just found out that a friend of mine was laid off yesterday. It doesn’t seem to be dying down at all. How far will this downward spiral continue? Company lays off employees, laid-off employees cut back spending, less spending causes poor company results, company lays-off more employees to cut expenses. You can see the [...]
