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market commentary: 4.18.2001 japan needs the internet, for sure, but perhaps more importantly, it needs to deregulate, deregulate, deregulate...only then will entrepeneurial incentives that created places like silicon valley give the country a much needed shot in the arm. 4.10.2001 the cost advantage of gigabit ethernet is compelling, a factor that might give the technology new life as an alternative to cable modems and dsl. 4.5.2001 yet another example of an overly simplistic 'explanation' of economic phenomenon (in this case, the recent strength of the dollar) by a highly-paid street economist. 'us holdings of foreign equities are greater than foreigners holdings of us equities...therefore, when money flows out of equities, the dollar will strengthen.' hmmmm. no. 4.4.2001 let's just hope that this ostensibly radical reform plan by japanese officials is the real thing. |
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