Darcy Padilla for The New York Times ROUGHLY two decades ago, during an earlier Internet start-up boom, many entrepreneurs and fast-typing coders and engineers set up shop in a still-gritty area of this city: South of Market Street. The young … Continue reading →
Alphabet Soup Revisited: What Shape Will the Recovery Take?
Back in the still-uncertain days of September 09, every market pundit had his or her own letter for what shape the recovery would take. I blogged about Ben Bernanke‘s “U,” Liz Ann Sonders‘ “V,” and Nouriel Roubini‘s “W” here. Though one could argue the jury is still out, I think it’s fair to say that Liz Ann won round one. The recovery is looking and feeling like a “V” — and in fact is falling pretty much within historical patterns. (Full disclosure — I had my money on Nouriel.) ...