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What Goes Down Must |
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What goes down must come up. Interest rates are still at historic lows, but we expect them to rise this year and next. But why, and by how much? What will be the impact on consumers and on the real estate market? What should investors do? Let¡¯s explore the answers to each of these questions. |
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The Buzzword of the |
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Businesspeople everywhere are increasingly realizing that innovation is the key to continued success. Financial restructuring has run its course. Applying ¡°me too¡± information technology to conventional problems is a requirement merely to stay in the game. Operational excellence, while always important, is now delivering ever-diminishing returns as we address smaller and smaller opportunities. |
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Americans Are Finall |
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One of the driving forces behind the retro trend is the craving to return to a time when American products seemed to be made with higher standards for quality. But is quality really just a thing of the past? Not according to a growing number of businesses that are embracing the quality revolution. |
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Where the Money Is |
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Boomers are becoming the wealthiest and healthiest generation of older people in the history of the world. As they have aged, they haven"t stopped spending on themselves. Their total spending power per year surpasses $1 trillion, according to American Demographics. |
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The Informal Economy |
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When you pay for a steak at a restaurant, you¡¯re supporting the formal economy. Part of the price of your meal pays for taxes, which in turn pay for schools, roads, police and fire protection, and so on. |
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