Uploaded by dkbold1 on Aug 25, 2010
Front Page
§ Plunge in Home Sales Stokes Economy Fears
§ Sales plummeted in July to a level not seen in more than a decade
§ Expiration of a home-buyer tax credit is to blame along with weak job market, meager wage increases
§ We're falling back on whatever underlying strength there is in the private sector.
○ Marketplace
§ LyondellBasell Will Quit Iran
§ One of the world's biggest plastic and chemical producers will end it's business operations in Iran
§ Shield against penalties the US could impose for trade sanctions
§ Other companies have cut ties, mostly those are gasoline suppliers
○ Money & Investing
§ Commercial Property Owners Choose to Default
§ Largest commercial property owners are defaulting on debts and surrendering buildings worth less than their loans
§ Companies such as Macerich, Vornado Realty Trust and Simon Property Group have stop making payments
§ Put pressure on lenders to restructure loans because the values have dropped significantly
○ Small Business
§ On a Tight Budget? How to Land a Client
§ Which comes first...marketing or sales?
§ Tough economy you need clients so you market and advertise...yet you want to keep spending down
§ Utilize creative marketing techniques, targeting only the market segment best for you
Also go after free marketing and Web 2.0 techniques.
To Your Success,
DK Bold
dkbold@dkbold.com
http://www.TheBoldReport.com?t=WSJ
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