Both of the following trivia items were noted in today’s Wall Street Journal.
Currently, all three major U.S. stock indexes, the Dow, S&P 500 and NASDAQ have lost money year-to-date, and some believe a weak January bodes ill for stocks the rest of the year. According to Ned Davis Research, in years when the Dow has risen in January, the median rise for the rest of the year is 10.4%. In years when the Dow has fallen, the median rise for the next 11 months is just 0.28%. However, this predictor is not fool proof. Last year, the Dow, S&P 500 and NASDAQ were all down in January and all three indexes came roaring back to end the year with nice gains. Read more
You are cordially invited to the ACA Leadership Council “POWER LUNCH”
As part of this dynamic gathering of business leaders, you’ll discover:
- The blunders even good leaders make, and what those blunders cost
- How to vaccinate ourselves against leadership blunders
- The practical ways we can make excellent leadership more a “way of life”
Wednesday, February 24, 2010
11:30 AM – 1:00 PM (check-in, 11:15 )
Garozzo’s Ristorante, 9950 College Blvd, Overland Park, KS
Early registration is $20 per person, includes lunch
***Click here to register now***
Space is limited. Last day to register is Friday, Feb 19.
About the Panel: Four veteran business owners will share their stories.
- Jeff Olsen, President, Pass the Torch, business transition company, will facilitate.
- Patti Banks, CEO, Patti Banks Associates, a landscape architecture and planning firm.
- Peter Sykes, CEO, AB Express, an overnight delivery company.
- Kierstin Spencer, serial entrepreneur.
Invite a colleague and/or client to join us for this informative event.
Giving Back
At each event, we recognize a charitable organization that provides service to our community. Turning Point is a family support center in Kansas City offering many programs to address the social, psychological, emotional and physical needs that accompany a serious or chronic illness.
About ACA Leadership Council
The ACA Leadership Council provides business owners and business leaders a strong professional network. We come together to share experiences, learn from each other, and “give back” to our community.
Board Members
Jeff Olsen – President
Tony Parker – Vice President, Membership Director
James O’Brien – Secretary, Treasurer
Debra Kunz – Communications Director
Brendan Rittel
Becky Oliver
As I am writing this, the market is down for its second day in a row. Historically, the market (i.e. a collection investor opinion) does not like the uncertainty surrounding government policy, interest rates, income taxes, the economy and the impact on corporate earnings.
As such, the market doesn’t voice its opinions at the voting booth; it voices it in the up or down movement of security prices. None of us wants to face making a major purchase (e.g. a new car) in the midst of company layoffs. As such, businesses don’t like making hiring, new equipment or other plans when faced with a shifting landscape. This uncertainty weighs heavily on analysts and ultimately investors, which results in them reducing their perceived value of company stocks (i.e., lower stock and bond prices).
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