This article from the FT, and its sister article, also in today’s FT — Web 2.0 euphoria tempered by social problems — are perhaps not news, but a confirmation of what many of us already knew. It’s hard to make money with “Web 2.0″ aps. The article defines Web 2.0 sites and applications as ones [...]
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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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