Comments on: Emerging markets coming off the turbulent boil? http://blogs.reuters.com/globalinvesting/2014/02/11/emerging-markets-coming-off-the-turbulent-boil/ Insights behind the investment headlines Wed, 16 Nov 2016 21:43:49 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: DavidLyons http://blogs.reuters.com/globalinvesting/2014/02/11/emerging-markets-coming-off-the-turbulent-boil/comment-page-1/#comment-184296 Thu, 13 Feb 2014 17:40:34 +0000 http://blogs.reuters.com/globalinvesting/?p=10656#comment-184296 The takeaway I had from the session was “things are better, but not good enough.”

There was a good level of business confidence in the survey we took (80 percent said they were “confident” or “very confident” in their own company’s prospects for 2014). But it’s sobering that, as you say, 54 percent of attendees are expecting at least three more years before the economy is really back. People want better economic growth, and sooner.

The middle-market business leaders and managers in the audience that day are more and more affected by the global economy (including for their retirement funds). “Think globally, act locally — both for the downside and upside” might be their guidance. They are wary that events and factors somewhere else in the world can drag on revenues/profits. But they’ve got optimism that they can find business opportunities in more places than ever. The businesspeople I talk with are more cautious than ever that they’ve got to protect balance sheets and income statements for downside risk. That also makes them better informed to position their businesses for upside opportunity.

David F. Lyons Sr.
President & CEO
Lyons Companies
(sponsor of the Economic Forecast event along with Delaware Council for Economic Education and Entrepreneurship at the University of Delaware)
www.LyonsInsurance.com

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