Word: stephenes
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...just look at the numbers, it looks like Asia's exports to China are larger than they are to the U.S.," says Rob Subbaraman, senior Asia economist for Lehman Brothers in Hong Kong. "But people aren't taking into account where the end demand is coming from." Stephen Roach, Morgan Stanley's chief economist and one of the most skeptical observers of this world economic scene, has long warned about the dangers of flagging U.S. demand. Now he's concerned too about signs he sees of a possible Chinese slowdown--one reason why he thinks global growth this year will...
...just look at the numbers, it looks like Asia's exports to China are larger than they are to the U.S.," says Rob Subbaraman, senior Asia economist for Lehman Brothers in Hong Kong. "But people aren't taking into account where the end demand is coming from." Stephen Roach, Morgan Stanley's chief economist and one of the most skeptical observers of the world economy, has long warned about the dangers of flagging U.S. demand. "The rest of the world doesn't have enough vigor in its private consumption" to offset U.S. declines, he says. Now he's concerned...
...reads in the knowledge that one is being messed with. There's an outside, screwball chance that David Foster Wallace really reveres C.S. Lewis's The Screwtape Letters above all other books, but I feel comfortable asserting-having read Infinite Jesttwice-that Wallace does not feel that way about Stephen King's The Stand (at #2) or The Sum of All Fears, by Tom Clancy...
...course, Apple's other secret weapon is the controlling hand of Steve Jobs, 51, for whom this is an almost mystically significant year. It has been five years since the iPod launched, 30 years since Jobs co-founded Apple (with Stephen Wozniak) and 10 since he returned there after having been fired. In that decade, Apple's stock has gone up more than 1,500%. Neither age nor success--nor cancer surgery in 2004--has significantly mellowed him, although some of the silver in his beard is creeping up into his hair. All technologists believe their products are better than...
...witness the iPhone launch from behind the curtain (or under the towel) is to see the controlling hand of Steve Jobs, for whom this is an almost mystically significant year. He's 52 years old. It's been 30 years since he founded Apple (with Stephen Wozniak), and 10 since he returned there after having been fired. In that decade Apple's stock has gone up more than 1,000%. Neither age nor success (nor cancer surgery in 2004) have significantly mellowed him, though some of the silver in his beard is creeping into his hair. All technologists believe their...