John Templeton, the elder statesman of global investing, famously remarked that among the four most costly words in market history are "this time is different." Yet we all share a sense, from the factory floor to executive suites, that something new is going on in the global economy. And that something new is optimism. For the first time in history, almost everyone in the world economy has a chance for a better life -- or at least their children do. Let the long boom begin.
~ Business Week, "Let the Good Times Roll," March 27, 2006, by Chris Farrell
Showing posts with label global boom. Show all posts
Showing posts with label global boom. Show all posts
Oct 13, 2009
Business Week on a new "era of nonexistent inflation and rapid economic growth" (2006)
Nevertheless, despite all the twists, hedges, and cautious asides, a much bigger theme emerged from [Fed chairman] Bernanke's speech. He believes that real bond yields have taken a fundamental step down. If he's right, and I think he is, the significance of lower real rates is a seismic event for everyone from a young, first-time homebuyer to a grizzled venture capitalist. Put it this way: The world economy is on the cusp of an era of nonexistent inflation and rapid economic growth -- a long boom of historic proportions.
~ Business Week, "Let the Good Times Roll," March 27, 2006, by Chris Farrell
~ Business Week, "Let the Good Times Roll," March 27, 2006, by Chris Farrell
Dec 11, 2007
Erin Burnett on the global economic boom trade
This bet on the rest of the world solving everything is getting a little tired.
~ Erin Burnett, CNBC, December 11, 2007
~ Erin Burnett, CNBC, December 11, 2007
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