Thursday, 12 March 2009

FALSE HOPES

Every week we hear in the media of some good business news and then a day later everything slumps again. The latest is the improved two months results fropm Citibank Corp , the largest bank in the world. So thats all right then and things will improve tomorrow about 10am. Huh !!! It will takes months to improve slowly and see an improvement. Everyone from savers to borrowers are feeling the pressure. The answer is to keep being positive and be happy. Life is a revolving door of success and failure. Even Warren Buffett is feeling the the strain of losses.

Clearly everyone is worried about house prices. There is a market although very slow from offer to completion at the moment. There are a few buyers looking and maybe dreaming of better days ahead.

As to the travel business ; customers are picking up the brochures in the hope they can get away in the summer. Sales are down about 25% against 2008 and costs are being monitered accordingly.
It has been a long hard winter and now that spring is here everything does look a bit better.

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