Over at NYT finance correspondent Floyd Norris' excellent blog, a snip from a terrifying report out today from The Levy Forecasting Center at Bard College. Norris says they've "Been among the most worried – and therefore, most accurate – forecasters over the past several years." Dear God, I hope they are wrong.
Most investors, businesses, and analysts, despite their deep pessimism about the consumer outlook, will be surprised by the length and severity of the consumer pullback.
The public is starting to discover the seriousness of the state and local fiscal position, but the magnitude and fallout of the developing nonfederal government crisis will prove shocking.
Many fear that the present financial mess is setting the stage for surging Treasury yields, and most will be surprised by how low yields will fall. . . .
House prices will probably fall another 20%. . . .
The emerging market sector of the global economy is facing more than a financial crisis; it is facing a depression, which unfortunately is likely to be uncontained and severe in many countries. . . .
Even if the recession does end before 2010, employment will continue to decline. It is likely to fall for another year or two as downsizing and restructuring persist. The unemployment rate is likely to reach 8.5% by the end of 2009 and will be near 10% before it reverses.
United Panic (Floyd Norris Blog, New York Times)
A remarkable easter egg from the Windows 95 era, fully anticipating what became of the world’s most beautiful operating system. The developers of Office 95 left an interesting little easteregg with a name which does seem a little unsettling. I am exploring this easteregg and showing it in this video.
That massive Equifax data breach on September 7, 2017, shocked everyone, but a year and a half later, where the data of all those 143 million Equifax users ended up is still a mystery.
The event will be Apple’s first major announcement in 2019.
Just a reminder: Print isn’t dead. And now that printers are becoming as portable as cell phones, it might be around for quite some time. Enter the MEMOBIRD Mobile Thermal Printer, a mini-printer that is versatile, portable – and most importantly, never needs a refill on ink or toner. Measuring just a few inches around, […]
What do Facebook, Twitter, YouTube and Google all have in common? Somewhere in their framework, they all use MySQL, that most versatile (and free!) of database management systems. And they’re not alone. If your company or the one you’d like to work for wrangles data (and who doesn’t?), they’re going to need someone with a […]
There’s a reason you’re hearing about the gig economy in every other business story these days. More than ever, people are finding income from more than one source. And if you find the right one, a side hustle can do more than just pad your pockets – it can allow you to finally get paid […]