Sometimes people say really revealing things when they’re talking in a language that they figure nobody outside their own country understands. This is from leading Dutch paper NRC Handelsblad (clunky translation mine): According to Dan Ligtvoet, head of MTV Networks Benelux, the lawsuit filed by “big boss” Viacom is mainly a means of forcing new [...]
Sure he’s the competition (although this is from Robert Samuelson’s Washington Post column, not his Newsweek one), but that doesn’t mean he can’t be right: For the past three months, the consumer price index has increased at an annual rate of 4 percent. “Core inflation” (all prices minus food and energy) is at 2.7 percent [...]
I’m sure this news will cause a little something to die inside my pal the Equity Private, but I’m supposed to go on CNBC’s Power Lunch this afternoon at 1:40 or so to share my bounteous expertise on the subject of Apollo Management’s possible IPO. The Sorkinator actually says Apollo isn’t thinking of going public [...]
So Europe’s stock markets have passed those of the U.S. in value, at least if you count Russia and Turkey as part of Europe (which they both partly are). This apparently happened last week, but nobody seems to have noticed until Tuesday after an analyst in London named Ian Harnett pointed it out. There are [...]
