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Manufacturing PMI Jumps to 64.7%-Great Lakes Industries May Need New Shipping Infrastructure

Manufacturing PMI reached a towering height of 64.7% well above what would be considered exceptional (@55%). Production also spiked by 4.9 points and new orders leapt forward 3.2 points. This pick up of activity in 17 of 18 industries indicates a broader speeding up of the economy. The highest PMI since December 1983 matched with current job growth of ( BLS.Gov ) how new orders, increased manufacturing activity, and employment are pointing to wide reaching changes in the market. Those changes could indicate fundamental shifts on the way in which the economy will operated. What we would like to see is the entire economic system make an upswing into the digital world where it will function on a higher economic-sociological platform. Such an economic transition would include increased advanced technologies that would result in radically new products and more efficient processes. We will become globally aware through big data and that will help us run real time statistics for countries. Ou

Unprovoked Attack on Elderly Woman: Need New Tactics

We must consider that these behaviors are driven by deep seated psychological distortions and such aggressions won't stop without better policies. Understanding and tracking these behaviors on a local level can make a difference researching behaviors through better reporting and tracking ( Track and Solve Strategy ).  

IMF Indicates Faster Growth for US and China: Leaving Some Markets Behind

IMF states that US and China will power international growth but some countries will be left behind. Emerging markets may not have the capital to power out of the pandemic. That might leave two large countries growing as emerging markets try and find an escape hatch. We may find new challenges come to true light as countries power back up to a competitive status. I wonder how some of these changes will impact the supply chain networks of the US and China? 🤔 Companies seek resources and if the two countries (US and China) are creating contracts it will impact the global flow of information and resources. That means there could be some reorientation of supplier networks.    

Should North American Companies Shorten Their Supply Chains After Suez Canal Blockage?

When problems companies that will be around in the future adapt and adjust. Incidents like the blocking the Suez Canal create risks for companies that rely on those products to keep operations going. We also cannot ignore the geopolitical pressures that are in play from COVID, global warming and US manufacturing reemergence. Conducting an environmental scan can help to determine risks to U.S. companies and why they may want to rebalance their supply chains to include a certain percentage from the U.S./Canada and Mexico. Read  Environmental Scan Statistically every supply chain will have a disruption at some point. Yet this incident perked the ears of the U.S. business community that may want to adjust their supply chain strategies. The ship will likely be dislodged in the coming days but the incident does perk ears in terms of long-term risks of supply chain disruption in the U.S. and abroad. If your company relies on imports and you have a 2-3 week delay 1.) Is there local capacity to

Colorado Shooter Highlights Mental Health Aspects of Hate Based Violence

Hate and rage comes from a deep dark place where chronic pain and emptiness lead people to act in destructive ways. When horrific things like this happen we often look desperately for some sense of an explanation. Those causes are likely many but at the root seems to stem from the same mental health issues. As our science advances we are likely going to find better ways of dealing with mental health problems and help people before such atrocities occur.  At the moment we are left with gaps in our understanding on how to handle and manage hate driven violence. It makes no difference what race, religion, ethnic, etc... of the perpetrator as the damage is felt in different communities. An investigation will help determine motive and whether it was a hate based crime and/or something else (...personally I'm seeing this as having another root cause🤷).   What we do know already is that there were prior mental health issues and a bent towards the use of violence to solve problems. The in

Border Crisis Problem? Maybe Our Foreign Policy Should be Directed More Toward Orphans.

Children are piling up on the boarder and we need to decide how to handle the crisis. We will want to be empathetic to these children and their plight in a way that maintains the natural boundaries between two countries. Finding a solution might be difficult because each option has hits own pitfalls. However, we might want to explore helping the children in Mexico through the use of orphanages and child centered foreign policy initiatives.  Within 60 miles of the U.S.-Mexico border are numerous orphanages that would appreciate additional financial, academic and medical support ( Even better if corporations sponsored some of the needs. Escanaba Polo Mallet Company donates some of its start up profits to help these orphans. ). We may consider funding these orphanages and expanding their capacities to help children abandoned with the goal of reuniting with parents. Such children will have access to education and healthcare from caring staff instead of a chain link fence and border guard.

Treasury Secretary Janet Yellen and Fed Chair Jerome Powell Testify Before House Financial Services Committee

Fed Chair Jerome Powell and Treasury Secretary Janet Yellen testify before the House Financial Services Committee. You can read her statement HERE.  Notice she said the Treasury is tasked with increasing small business and entrepreneurship. Helping micro-businesses and entrepreneurs in rural communities. 😊