Thank you Germany, Italy, Spain and, especially, the European Central Bank. They all said enough to provide markets and investors with a tranquil August so far. The question now is whether they will be able and willing to pivot - from re-assuring words to the series of actions required to enable this tranquility to grow deep roots.
In a new "Fifty Shades" parody, the young, troubled, handsome and fabulously successful Christian Grey is replaced by Earl Grey, who has a penchant for Nickelback. Naive Anastasia Steele in now Anna Steal, a young woman so incomprehensibly innocent she's never been on an elevator before and wonders how they work.
Two Accenture execs write that established firms saddled with legacy systems are in danger of being outmaneuvered by emerging challengers. Armed with new and better technology, infrastructure and organizations, these companies are better positioned to meet ever-more demanding business needs. But it does not have to be this way, they caution.