riparian rap

The Dow hits 9,000.


The Times reports the Dow above 9,000 for the first time since January 2009. Last fall’s crash was not good for us–we’ve seen grants and institutional budgets slashed, and promising projects were lost or canceled. Our expansion in late 2007 was a big move, and we were just getting off the ground when the economy slumped.

We made a bold move for stimulus funding through NSF in January, but were turned down. Frustrating, because our proposal was first rate, and I can’t think of a more appropriate use of the money, though of course NSF’s review didn’t (and wasn’t supposed to) consider that.

Friends who know the stress of running a business say things like “in the end it’ll make your business stronger,” and perhaps that’s true, but I’m more than ready for a break from this–we are focusing far too much on cash flow and not enough on the reason I’m doing this–innovative and effective river conservation science and education.

This market climb is good news. It won’t return to last year’s high for a long time, if ever, but at least it’s going up.