In Mammon Among Friends, Malcolm C. Harris, Sr. provides commentary and news about the national economy, the Wichita economy, the world of finance, and utility & postal economics. Experiences such as a utility commission staff manager, forecasting postal volumes and revenues, consulting on utility regulation, and teaching corporate finance have shaped his analysis.
Tuesday, May 12, 2009
Jean-Claude Trichet sees the Bottom!
Jean-Claude Trichet, speaking on behalf of the world's central bankers, sees the Eurozone bottoming out and the world economy turning around. Chris Giles, Daniel Pimlott, and Ralph Atkins in the Financial Times report that "The global economy was 'around the inflection point', he said, with some countries 'being beyond the inflection point'." They report further that the OECD declares "there were signs of a 'pause' in the economic slowdown in France, Italy, the UK and China."
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