Tag Archives: recession
A Futurist’s View of Risk & Risk Management
by futurist Richard Worzel, C.F.A. Why is risk something we want to avoid? I suspect that any attempt to answer this question will deal with the downside or cost of risk, and that’s where any assessment of risk should start. … Continue reading
Stalking the Specter
by futurist Richard Worzel, C.F.A. In my last blog, “A Specter Is Haunting Europe”, I described the running crisis that threatens Europe’s financial markets and economy with potentially severe knock-on effects for the global markets and global economy. I got … Continue reading
12 Trends for 2012
by futurist Richard Worzel, C.F.A. The year ahead is going to be a tumultuous one, challenging in political, economic, and financial terms. Despite this, there are opportunities for those prepared to take advantage of them, because uncertain times mean that … Continue reading
It’s Not Just Stocks that Are at Risk
by futurist Richard Worzel, C.F.A. The stock markets have fallen out of bed since President Obama signed the ludicrous debt ceiling deal. I don’t wonder about that; what I wonder is why they took so long. I was expecting stocks … Continue reading
Outlook 2020: The Economy
This is the second in a series of blogs on the likely events of the next 10 years. If we’re lucky, 2010 could be a lousy year. If we’re unlucky, 2010 could be a disastrous year, worse than 2008, because … Continue reading
Risk Management in 2009 and Beyond
What follows is an amalgam of presentations I made to two risk management groups in very different sectors: one in health care, and the other in insurance. The principles are the same, even though the immediate concerns may differ. Let … Continue reading
Where the economy goes from here
Have we hit bottom? Are we starting up? Yes, and no. Yes, we’ve probably hit bottom. No, we’re not starting up – at least the United States isn’t, and most of the developed world will see feeble growth at best. Yet, … Continue reading
The Smartest Question in the World
“What if I’m wrong? What else might happen instead?” This (two-part) question may just be the smartest question in the world, because it allows you to lift your head and look around at a broader world, outside the boundaries … Continue reading