Monday, June 02, 2008

An Isolated tribe is found in Brazil, and isolated worker found in his Pj's working from the kitchen table...

An Isolated tribe is found in Brazil, the space stations toilets finally flush and Susan Sarandon vows to move to Italy Ciao ! Wall Street starts to trade hot air thru Chicago Climate Exchange. Meanwhile the FED ponders its next move with many suggesting interest rates will move up. Inflations proves less than expected by some measures and the economy despite the all the negative news apparently has turned off the TV with GDP figures looking better than expected . The interesting thing is that despite the doom and gloom the unemployment rate has hardly budged and the growth rate in productivity continues to grow at an uncanny rate given the current economic slow down. I would suggest the little reported phenomenon of people thru the use of technology working independently from home in more and more occupations and industries continues to be below the radar for economic data collection.

No comments: