Given Oil’s the buzz word of 2008, I decided to dedicate this post to highlight the global oil production, consumption profiles along with where the new Oil would come from in the next few years.
Oil, or black gold, is indisputably the most important commodity in the world today.
Hearing Apple’s earnings announcement earlier today, I found myself thinking about what’ll Apple post-Jobs look like. Jobs is a pioneer and one of the most admired CEOs of all time. He’s my role-model, idol and inspiration.
Just like everyone in the industry, I’ve been very worried about his health, ever-since his surgery a few (I believe 4) years ago. My worries exacerbated seeing him at the launch of the 3G iPhone last month. Here’s a shot from that launch and it’s but obvious that it’s not alright– despite what officials from Apple say. I really hope Steve’s not in declining health and I wish him a speedy recovery.
A friend wrote to me this weekend in response to my posting on Inflation versus Interest rates. I decided to post some snippets from our exchange as they highlight a very interesting & important perspective (Thanks, D!), that didn’t come out loud and clear in my previous post. D wrote:
I agree with you that the Fed will likely raise interest rates. Inflation is all the buzz these days across the world, and the primary tool we have historically used to deal with inflation is raising rates. That said, I don’t believe that raising rates alone will do much to help inflation, and in fact could further damage our economy.
