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Crisis

Business StrategyCrisis

A Plan Is Better Than Hope

You can’t hope your way out of a hurricane. Neither can you hope yourself out of a pandemic, civil unrest, a failure of your company’s quality assurance protocols or an unexpected leadership team change. However, you can make plans. This might seem like common sense. But if it is, then…
Keith Rupp
September 7, 2021
COVID-19CrisisNews

Weekly COVID Update: 7/22 – 7/29

Economic Outlook  Perspectives take a less optimistic turn as cases continue to rise.  7/28/20 | Fed Outlook Turns Gloomier as Coronavirus Spreads  7/28/20 | U.S. Consumer Confidence Retreats on Diminished Expectations  7/26/20 | Trump Advisers Still Touting ‘V-Shaped’ Economic Recovery  7/24/20 | Economic Recoveries in U.S., Europe Take Diverging Paths  7/23/20 | Rise in Weekly…
Darren Richards
July 29, 2020
COVID-19CrisisNews

Weekly COVID Update: 7/15 – 7/22

Economic Outlook  Perspectives on economic recovery are mixed, with some industries more optimistic than others.   7/21/20 | COVID counts are up, but so are stocks. What traders are seeing.  7/21/20 | ‘Less optimistic’ and ‘more cautious’: Top CEOs fret as virus cases rise  7/20/20 | The End Of $600 Unemployment Benefits Will Hit…
Darren Richards
July 22, 2020
COVID-19CrisisNews

Weekly COVID Update: 7/7 – 7/14

Economic Outlook  Speculation about the recession continues as the pandemic rages on. Although COVID-19 cases have been rising, many were encouraged by updates on the development of a potential vaccine.   7/14/20 | Stocks Climb on Vaccine Update; Dollar Declines: Markets Wrap  7/14/20 | Dow surges 557 points as traders weigh bank earnings…
Darren Richards
July 15, 2020
COVID-19CrisisNews

Weekly COVID Update: 7/1 – 7/7

Economic Outlook  Optimism about a quick economic recovery wanes as COVID-19 cases continue to rise.  7/7/20 | Dow falls 400 points amid lingering coronavirus and economic fears  7/7/20 | Fed’s Bostic says virus spread threatens to undermine confidence  7/7/20 | COVID-19 relapse sinks economic optimism to crisis low  7/6/20 | Coronavirus tracked: the latest…
Darren Richards
July 8, 2020
COVID-19CrisisNews

Weekly COVID Update: 6/24 – 7/1

Economic Outlook  Although economic recovery seemed threatened by the recent increase in COVID-19 cases, some positive signs became apparent at the end of the week.   6/30/20 | Dow caps off best quarter since 1987 as strong economic data drives gains  6/30/20 | Stocks climb on new signs of economic recovery  6/30/20 | National mask mandate…
Darren Richards
July 1, 2020
COVID-19CrisisNews

Weekly COVID Update: 6/17 – 6/24

Economic Outlook  Retail, home sales, and overall business activity have seen improvement. Mnuchin projects a possible end to the recession by the end of the year, while Bloomberg economists have a less positive outlook.  6/23/20 | Mnuchin says U.S. may emerge from recession by end of year  6/23/20 | US business activity jumps to a 4-month high in June, showing that…
Darren Richards
June 24, 2020
COVID-19CrisisNews

Weekly COVID Update: 6/10 – 6/17

Economic Outlook  Experts warn that full economic recovery could take a couple more years. Some see improvement in retail as a promising sign.   6/16/20 | Stocks rally worldwide on hopes for coming economic recovery  6/16/20 | US retail sales up 17.7% in a partial rebound from plunge  6/16/20 | How COVID-19 will change the…
Darren Richards
June 17, 2020
COVID-19CrisisNews

Weekly COVID Update: 6/2 – 6/10

Economic Outlook  The US has officially entered a recession. Some see signs of improvement, while others believe alternative indicators are needed to accurately evaluate this pandemic economy.  6/9/20 | The US labor market is recovering ‘at a healthy pace’ so far in June, Fed study shows  6/9/20 | People are getting in planes: The travel business is picking up  6/9/20 | The US recession is confirmed. Now…
Darren Richards
June 10, 2020