Jeff Nolan's take on innovation, entrepreneurship, tech and stuff that interests me
This post on Zero Hedge should serve as a reminder that people who use one “less bad” statistic to support the case for economic recovery are metaphorically bringing a knife to a gun fight. Economic performance, market performance, and fiscal and monetary policy are incredibly complex subjects that are both interconnected and operate on their [...]
I fully appreciate the severity of the economic retraction we are currently working through, in fact having written much about it myself here and on my twitter stream. Having said that, I find myself shaking my head in disbelief at the degree to which the media continues to talk down the economy in anticipation, almost [...]
This is certainly disappointing news. There is no better indicator of economic output to track than transportation numbers and what this indicates is that there is an overwhelming glut of capacity as a result of export output falling to unprecedented levels. Freight rates for containers shipped from Asia to Europe have fallen to zero for [...]