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Six Weeks of U.S. Stock Market Decline: Now What?

Coaching Tip

The market's last seven-week stretch of losses began in May 2001, as the dot-com bubble deflated," reports The Associated Press. This is not to say that unemployment, manufacturing and real estate were peachy in April. As of June 10, the Dow has suffered the "longest losing streak since the fall of 2002. As for the U.S.

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Relationships and Red Flags - A Learning Experience

Building Personal Strength

Ultimately, his daddy got tired of this project, and the son had to cram to get his real estate license. When the recession of 2001 hit, I had to restructure my business. I attributed this to growing up in a family where everything was given to him. He had never had to strive. I asked him, "How would you do that?"

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The Idealistic Realistic: What Really Helped Elevate Campbell Soup Company

Harvard Business Review

When I stepped in to run the Campbell Soup Company in 2001, the environment at Campbell was hugely challenging. A high percentage of the city's real estate has been abandoned. As of 2011, the story is far different: 17 Campbell employees are actively engaged for every 1 employee who is actively disengaged.

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Where Are All the Self-Employed Workers?

Harvard Business Review

MBO Partners, for example, predicted in 2011 that by 2020, “70 million people, more than 50 percent of the private workforce, will be independent.” And real estate agents, contractors, and others who are dependent on a boom-bust housing sector which has been mostly a bust in recent years.

MBO 9
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Why We Build Fiscal Cliffs

Harvard Business Review

After that the Bush administration and a Republican-majority Congress decided in 2001 to effectively set paygo aside. In 2010, Congress voted to extend the 2001 cuts for two years. And there's the Budget Control Act of 2011. Plus, it turned out there was a recession in the works. So now, in 2013, they're all due to expire.