By Glenn Haussman
While many are enjoying the fruits of this up market, there are those constantly in panic mode. It’s the type of trepidation that prevents them from fully enjoying the current state of the industry.
But, hey, I get it. The Great Recession hurt many owners and operators so bad the scars are still there. Plus, I see it happening with the way that we perceive the overall economy. Though we are experiencing one of the longest periods of economic growth in American history, many see the overall economy as fragile, where the slightest misstep will be ruinous and set us back to the dark days of 2008.
I am not an economist, but that assessment doesn’t seem right to me.