Posts filed under “Video”
Great piece by Martin Feldstein in the FT: Misleading growth statistics give false comfort
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"Harvard University economist Martin Feldstein, a member of the committee that charts the American business cycle, said the U.S. economy is “sliding into a recession.”
"This is a weakening economy,” Feldstein, president of the National Bureau of Economic Research, said in a Bloomberg Television interview in New York. “If you compare where the economy is now, with where it began at the beginning of the year, just about every indicator is down.”
The comments by Feldstein, a Republican, go farther than anyone in the Bush administration has gone in publicly characterizing the severity of the U.S. slowdown. Treasury Secretary Henry Paulson in an interview last week said the economy is “still growing, albeit modestly.”
Misleading growth statistics give false comfort
FT, May 7 2008 18:54
Feldstein Says U.S. Economy `Sliding’ Into Recession
Anthony Massucci and Kathleen Hays
Bloomberg, May 6 2008
– Stephen Roach, chairman of Morgan Stanley’s Asia division, talks with Bloomberg’s Deirdre Bolton about today’s report on U.S. economic growth, the implications of a weaker U.S. dollar and the outlook for economies in Asia and a recovery in the U.S. The Commerce Department said the U.S. economy expanded at a 0.6 percent annual pace in the first quarter, reflecting an increase in inventories as consumers retrenched and companies cut investment. (Source: Bloomberg)
Roach Sees Negative Growth in U.S. for Second Quarter
Bloomberg, April 30 2008
BMO Financial Group global portfolio strategist Don Coxe discusses Food prices, shortages, and the appropriate investment strategy in the face of the recent food crisis:
courtesy of BNN
Global Portfolio Strategy [04-30-08 10:10 AM]
BNN, April 30, 2008
As we await what is happening with Microsoft and Yahoo, Aaron Task and I discussed the bigger picture as to what happens next on the internet.
This was all pretty off the cuff stuff (in case you cannot tell) but its how I really feel about the players involved:
That headline was actually spontaneous (I can turn a phrase, huh?)
Ok, feel free to write what a MSFT basher I am (no arguments from me)
Nobel laureates in economics Gary Becker of the University of Chicago, Edmund Phelps of Columbia University, Myron Scholes of Stanford University, and Michael Spence, former dean of the Stanford University Business School, participate in a panel discussion at the Milken Institute Global Conference in Los Angeles about the theory of "decoupling" and outlook for the U.S. and global economies.
Becker, Phelps Are Optimistic on U.S. Economic Outlook
Bloomberg, April 29 2008
You may have noticed that I run a bit of video a few days a week on the site, usually overnight.
As part of the redesign, I am setting up a tab for Video (hence, the slow loading video won’t impact the main page). As such, I have been compiling a list of Business-related Video for the update, and this is what I came up with.
(Have I missed anything significant?)
Financial Times (FT)
Business of Innovation
Yahoo Finance Tech Ticker TV
New York Times
“I don’t think we’re anywhere near a bottom in housing”
courtesy of Bloomberg
Eli Broad, a philanthropist and co- founder of KB Home, the fifth-largest U.S. homebuilder by revenue, said he expects home prices to drop another 20 percent.
"I don’t think we’re anywhere near a bottom in housing,” Broad told Bloomberg TV at the Milken Institute Conference in Beverly Hills, California. "We’re going to have a big inventory of unsold, unoccupied homes that’s going to take three or four years to clear out.”
Homebuilders, hurt by banks’ stricter requirements for granting home loans and concern over the rising number of homeowners failing to pay their mortgages, have begun work on the fewest number of houses since 1991, according to the U.S. Department of Commerce."
KB Home’s Broad Says Home Prices May Drop Another 20%
Rhonda Schaffler and Bob Ivry
Bloomberg, April 28 2008
William Rhodes, vice chairman of Citigroup about the outlook for the U.S. economy and financial markets, trade policy and his expectations for China’s growth.
Rhodes of Citigroup Says Credit Crisis `Half Way’ Over
Bloomberg April 25 2008