Credit markets have started to thaw, yet stocks and the larger economy keep sliding. What’s going on? Among the problems are the reality of recession and the uncertainty over Barack Obama’s policies. But the larger story is that the global economy is fast popping its latest monetary bubble, the one over the last 14 months in commodity prices and non-dollar currencies.
Posts Tagged ‘boic’
Another Bubble Bursts
Posted in Uncategorized, tagged boic, bubble, Economy, Wall street journal on November 4, 2008| Leave a Comment »
Greenspan: ‘Credit tsunami’ to have severe impact
Posted in Uncategorized, tagged boic, Gerbsman Partners, global economy, greenspan on October 30, 2008| Leave a Comment »
Former Fed chief Greenspan says he and others in ‘state of shock’ over fragile global economy
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US faces worst recession in 26 years
Posted in Board Of Intellectual Capital, Gerbsman Partners, Intellectual capital, Investments, tagged boic, Economy, financial times, Gerbsman Partners, Recession, Robert Tillman on October 28, 2008| Leave a Comment »
The US economy appears to be plunging into what many experts believe will be its worst recession since 1982.
Senior officials at the Treasury and Federal Reserve are confident that the rescue plan for US banks will succeed in preventing a financial system meltdown and ensure there will not be a repeat of the Great Depression. But they know that a sharp economic downturn is already baked in the cake. They do not,however, know how deep or protracted it will be.
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Venture Capital Investment Down 7% in Third Quarter
Posted in Board Of Intellectual Capital, Gerbsman Partners, Intellectual capital, Investments, Market research, tagged boic, Gerbsman, Gerbsman Partners, John S. Taylor, MoneyTree report, National Venture Capital Association, New York Times, NY times, patric carlsson, PricewaterhouseCoopers, Tracy T. Lefteroff on October 23, 2008| Leave a Comment »
Venture capital investment was down slightly in the third quarter, according to the MoneyTree Report released Saturday from PricewaterhouseCoopers and the National Venture Capital Association. Venture capitalists put $7.7 billion into 1,033 deals, a decrease of 7 percent from the second quarter.
The third quarter of the year is generally slower for venture investing, and the analysts who produced the report said that the economic crisis is not yet affecting venture numbers. In future quarters, though, the industry will probably see a dip in investing, said Tracy T. Lefteroff, global managing partner of the venture capital practice at PricewaterhouseCoopers.
For now, “the venture industry is very much open for business,” said John S. Taylor, vice president of research at the National Venture Capital Association.
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Analysts: Clean-Tech Startups Face Hurdles in Economic Scramble
Posted in Board Of Intellectual Capital, Gerbsman Partners, Investments, tagged boic, Gerbsman Partners, Robert Tillman, Venture Capital on October 11, 2008| Leave a Comment »
For the last two years, with the economy collapsing all around it, the technology sector and Silicon Valley in particular have proven to be particularly resilient.
But that might not be the case forever. Sooner or later, as the economy contracts and everybody cuts spending, the companies that power Silicon Valley—the startups, venture capitalists, banks and big producers of technology—are bound to be affected.
“Black Sunday (a week ago) was really a watershed—we’ve crossed a Rubicon,” said Paul Saffo, a Silicon Valley forecaster. “I think it will change everybody’s attitudes about deregulation, toward the landscape of risk and toward all these new-age investments—these derivatives and hedges.
“In the short term, people will be risk-averse. In the long term, it will make people get back to the basics,” said Saffo. “We have risk that people can understand—a startup that gets risk capital. They do well if they deliver something of value to the purchaser, not because of a complex mathematical formula living inside a computer.”
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