Tuesday 23 February 2010

The end of the recession?

I've been very bearish* during this recession, I have to be careful not to put a negative spin on my own business but, enquiries have been slow for nearly 18 months. Honesty's the best policy at all times, in my opinion. I was well positioned to survive the downturn, having prepared for it in the two years that preceded the 'credit crunch'. I've never borrowed and only speculate with my own money. Safety first and always save for a rainy day. It's been monsoon season for awnings, literally.

However, we've seen a 200% rise in enquiries in February 2010, compared to the same month last year. I'm encouraged and, although not bullish* quite yet, confidence is on the rise. Finally!

*Stock exchange speak for downward (bears) and upward (bulls) trends.

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