No Investment News to Write About and What It Means
Posted by Jason Apollo Voss on Feb 23, 2011 in Blog | 0 commentsAs a blog writer I try and provide you with essential, actionable content on a daily basis. Yet, other than the uprisings cascading through the Middle East, I don’t really feel as if there is much to write about or to pass on to you. What does it mean that there is no investment news to write about?
I started the blog on October 6, 2008 in the midst of an extremely volatile financial meltdown, one that promised to be very, very rough. Frankly, there has been something of import to write about nearly continuously during this vast expanse of flux. That things have settled down to the point where many days can go by without a major investment news story is actually… … … … …wonderful.
What this means is that the global economy has not just reached a tipping point, but is past that tipping point. The focus for the last year has been on the ability of the U.S. economy to create jobs. While that remains the central issue of the economic recovery, new issues are coming to the fore. In particular, much of the business press is starting to try and find the next big investment theme. In other words, the focus is beginning to shift away from what went wrong, to what might go right.
Innovation is the beating heart of an economy. That the business press is searching for what is innovative means that the economy is clearly in growth mode. So while there is not much investment news to write about, it is actually an indication of a transition point; a transition point from economic chaos to economic ordering. This is a good thing.
Jason