Which would you rather be; lucky or smart?  Take your pick, either one is good.

I must be one or the other because I wrote on this site several times in July and August that the stock market was ready to tank.  But even I didn’t see the magnitude of the crash that came last week.  Now I am mystified by the journalists who are writing about the market.

Many are saying that the market has now absorbed the bad news about European banking problems and is encouraged that the ECU has a solution to the potential defaults of Greece, Portugal, Spain and Italy.  Where did that come from?  There has been no substantive movement of the 17 countries that make up the EU.  No good news whatsoever! How likely is it that 17 people representing their country are going to come up with a solution?

Get ready for the good ol’ USA to get involved by lending money to a system that is “too big to let fail.”  Sound familiar?

So, again what can you do about that?  Nothing.  All you can do is take care of your own business.  Applying the tools of predictive analytics we are helping a number of companies sustain competitive advantage.   If you would like to know how, just ask.

Dr. Jac

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