Word: kadlec
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...Daniel Kadlec is Time's Wall Street columnist. Reach him at kadlec@time.com
...Daniel Kadlec is TIME's Wall Street columnist. Reach him at kadlec@time.com
...TIME Wall Street columnist Daniel Kadlec says the Korean solution is dogmatic and potentially doomed. Gold prices have been dropping for more than 10 years. "Seoul may be grasping at the age-old rule, which is buy gold in times of crisis because it's a hedge against inflation," Kadlec says. "But the world has changed. Prices everywhere are dropping; the concern is for de-flation." In a year, the government may open its reserves and find a vault filled with lead...
...Asian flu seems to have a few sneezes left. "For a while, the fall sell-offs looked to have done their job," says TIME's Wall Street columnist Daniel Kadlec. "They let the air out of the stocks that needed it. Since then, everything is back up where it was, yet the Asia problems are still there...
...Look for winter and spring to be seasons of discontent. Kadlec calls the Oracle loss "definitely a forerunner." A lot of U.S. technology companies lost business in Asia. They just haven't told...