It is early Tuesday morning January 22nd. Asian and European markets have tumbled for two days effectively dissing the economic theory of “decoupling”, ie that because US firms have global footprints economic woes in the US will be counterbalanced by strong economic results elsewhere on the planet.On CNBC the Dow Jones Industrial Average is slated to drop about 500 points….at the bell….coupling today with historic economic history days in 1987, 1992, 1999 and 2001.Analysts/pundits are predicting the Fed in the US (and possibly Canada) will jump in and drop interest rates….before the bell! The Fed has almost guaranteed a 50 basis point drop later this month so the Street wants the Fed to drop rates 75 basis points….or more.The “big” question I have for folks logging into this post is this: will a financial freefall on Wall Street today result in your 2008 IT budgets also joining the freefall category? Or, do you have a “fall back” plan that anticipated these kind of situations? Weigh in! Related content BrandPost The Era of Multi-Cloud Services Has Arrived How to unlock the benefits of multi-cloud environments By Adelino Simao Mar 21, 2023 4 mins VMware BrandPost Why CISOs Are Looking to Lateral Security to Mitigate Ransomware How to fight ransomeware attacks with lateral security By Adelino Simao Mar 21, 2023 4 mins VMware BrandPost 4 Factors That Influence Modern App Success in a Multi-Cloud Environment Enable your developers to do what they do best: code By Adelino Simao Mar 21, 2023 5 mins VMware Feature 10 cloud mistakes that can sink your business Just a single mistake can send your cloud strategy plummeting to earth. Here’s a rundown of how not to approach the cloud. By John Edwards Mar 21, 2023 8 mins IT Strategy Cloud Computing Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe