The year is off to a rocky start to say the least. The stock market is in correction territory and the dreaded bear market may be on the way. I just finished a twelve hour road trip and I listened to CNBC for way too long. I am not really sure what to think. The content was full of the titans of industry pontificating on what was going on in the market. My conclusion at the end of the ride is that no one predicted the collapse and no one really knows what is in store. The best nugget I came away with was “the stock market has accurately predicted 9 of the last 5 recessions!”
And so it goes. The market goes up and the market goes down. At the end of the day all we can do (at least those of us who don’t make a living in the markets) is focus on the fundamentals that drive our businesses and provide the steady hand in these turbulent times. The good news is Andersen alumni are well prepared for these uncertain times. Think Straight, Talk Straight never goes out of style.
We'd like to thank Andersen Tax for its continued sponsorship and would encourage you to check out the complimentary CISO study on Cybersecurity Challenges.
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