From The Economist, a lovely story about the value of social networking. First, some choice quotes. Both deals [Microsoft buying Hotmail and AOL buying Bebo], in their respective decades, illustrate a great paradox of the internet in that the premise underlying them is precisely half right and half wrong. The correct half is that a [...]
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How to read the TED Spread: A higher spread indicates less faith in the strength of the banks. Typical spread is between 10 and 40 basis points. On September 17, 2008, the TED spread exceeded 300 bps. (Wikipedia)
How to read the Baltic Dry Index: Tracks the price of shipping worldwide. Increasing prices mean there is more worldwide activity. (Wikipedia)Polls
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