The Great Recession of 2008-2010 in having a profound effect on the way we all live.  Yes, there is much hardship, there is much pain, there is much loss, there is a sense of damage we all feel.  That said, there are changes in the wind that point to profound long term benefits when we […]

Last week G.E. announced an incredible breakthrough in storage technology.  This breakthrough allows the equivalent of 100 DVDs of content to be put on one disc.  This is another dramatic step in the on-going revolution of storage of the last decade. As long time readers of this blog know I have consistently written about this […]

It is about time!   The first steps that President Obama took recently to open up the U.S. policy towards Cuba are long overdue.  It has been clear to me for the past 15 years that the Federal Government’s policy on Cuba, instituted 50 years ago is a worn out relic of the Cold War era. […]

The automotive industry of the 21st century is making promises and delivering on them.  As I wrote in a column four months ago, if the federal government is thinking about spending tens of billions to prop up the remnants of last century’s automotive industry, it should also spend billions to support the innovative auto industry […]

Back in early December I wrote a column entitled “The Financial Golden Age of Sports: 1996-2008″.  In it I predicted that professional sports were going to go into a financial decline that would last for years.  I don’t make forecasts unless I have a very strong sense of them being correct.  Well, this forecast has […]

Last week I wrote about being pleasantly surprised by a short speaking tour of Saskatchewan.  In every other place I have visited in the past three months there has been extreme pessimism and concern about this Great Recession of 2008-2010/11.  In last week’s column I described how three different groups of CEOs, business owners and […]

The fundamental force dominating the global economic condition right now is fear.  The equity markets seem to have no other reality.  Any rally of a day or two when buyers enter the market to take advantage of historic lows in share prices is then wiped out by the longer term, more powerful emotion of outright […]

The Great Recession of 2008-2010/11 is going to be a very tough time economically.  As I wrote in my Forecast for 2009, this economic collapse brings four words to mind. The first word is contraction, which is the standard way to view a recession.  Economic activity contracts and we are in a recession, economic expansion […]

We have all lived through a lifetime of technology changing the media and content landscape.  Satellites allowed cable television and later satellite television to erode and then eviscerate the traditional broadcast network business model.  Then the analog to digital transition eliminated the physicality of the product in the music industry.  Then the universal, immediate and […]

The current media and advertising recession will be more severe and more transformative than any one of the last 80 years.  This will be a time when it won’t be just about how far down ad spending goes, but also about what media entities and even business sectors will survive. Historically, advertising recessions have been […]