Not your typical IT-related post, but worthy of reading to understand where the markets are right now.  IT is a function of business and if the business is sour, if money is tight, then often IT is one of the first places to feel the pressure to “do more with less.”  IT is often considered a cost-center for an organization and this designation means that no matter how hard IT works, the best it will ever do is not spend AS much as was planned.  Turning IT into a revenue-center is the first step in putting IT in the light it belongs as a serious support mechanism for organizational and revenue growth.  For most of us, IT is central to the modern marketplace as both support and sales.

“Wall Street was upbeat in mid-April because the country's four largest banks (Bank of America (BAC), JPMorgan Chase(JPM), Citibank(C), and Wells Fargo(WFC)) all reported what Wall Street considered "turning the corner" earnings and all the CEOs except Bank of America's Moynihan were positive on the immediate future. The data, however, do not lead to such conclusions.”

Link here.