Surfing

Well, I Guess It’s a Recession; Perspective on an Economic Downturn.

It has been a while—ten years actually—since we endured the lastr ecession back in ’90/91. But business cycles are pretty much immutable.  What goes up must come down. “Regression to the mean” they call it in statistics.   Two things have me especially concerned about our current situation.  First, the economic rubber band is stretched

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Swell Raises $2 Million

Almost as soon as my article on surf industry internet models was finished, Swell shut down its Crossrocket site and then, on May 3rd, announced it had raised $2 million in bridge financing. I hate it when that happens. Rather than just throw up a press release that created more questions than it answered (see it

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