An article in the FT (Founders take aim at a bigger target) talks about the new “shotgun” approach of entrepreneurs. Instead of relying on one BIG idea they try lots of little ones. From the article: “In consumer internet, it doesn’t make sense to stick a stake in the ground and say, ‘I’m doing this [...]
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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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