June 4 (Bloomberg) – David Rosenberg, Merrill Lynch & Co.’s chief U.S. economist, abandoned his forecast for Federal Reserve interest-rate cuts this year after the central bank reiterated it’s more concerned about inflation than economic growth.
The U.S. economy expanded at a 0.6 percent annual pace in the first quarter, the weakest in more than four [...]
Archive for June 10th, 2007
Merrill’s Rosenberg Drops Forecast for Fed Rate Cuts
Posted in Business on June 10, 2007 | Leave a Comment »
How will Private Equity Party pop?
Posted in Business on June 10, 2007 | Leave a Comment »
Interview of Jim Chanos of Kynikos Associates on private equity in FT
FT: We’re experiencing a terrific boom in private equity right now. Do you think that’s sustainable?
JC: I think that it’s sustainable as long as easy credit is there. That’s what’s driving it. It’s not, as many people would believe, that the stock market is [...]
Shortcut to Money Culture – NYT
Posted in Uncategorized on June 10, 2007 | Leave a Comment »
Interview in NYT ….
Why do you find the subject of money so interesting? Sadly, right now, that’s the world people are aspiring to.You have Harvard-educated medical doctors who would rather work at an investment bank than try to cure cancer, and that’s the wish-fulfillment lifestyle that I play into.
The desire to make money is nothing [...]
Self recording craze
Posted in Uncategorized on June 10, 2007 | Leave a Comment »
Nick Carr makes an interesting point….
The unexamined life, said Socrates, is not worth living. Today, we seem to be operating under a new and very different dictum: the unrecorded life is not worth living. Thanks to digital technologies, we now have the tools to chronicle our daily actions and thoughts in the minutest detail – and [...]
