Hints and tips:
...I’m reporter Ethan Wu here in the New York studio, joined by supercompany analyst Robert Armstrong. Robert ArmstrongI think of myself as a supercompany, period. Supercompany Rob Armstrong....
...Then I read W. Brian Arthur’s paper “Increasing Returns and the New World of Business”....
...The title track takes aim at a dumbed-down America led by the unintellectual George W Bush, “one nation controlled by the media”, as Armstrong sings....
...On the walls of his condo, which is a short walk from the hospital where his oncologist works, original Andy Warhol prints featuring Mao Zedong and George Armstrong Custer hang near some Benito Mussolini...
...Email me: robert.armstrong@ft.com. Potemkin rate increases A Potemkin village is a facade designed to impress, but without any real substance....
...Ethan WuNobody does the equivalent for their W-2. Robert ArmstrongNo, indeed. Ethan WuWhere it’s Joe Biden saying, I did this. No, it’s the worker that did that. Robert ArmstrongYeah....
...Send us your fearless predictions for corporate results season: robert.armstrong@ft.com and ethan.wu@ft.com....
...And here in New York is US finance editor Brooke Masters, Unhedged columnist Robert Armstrong, and (wandering through Greenwich Village) a certain Rana Foroohar....
...Let us know your thoughts: robert.armstrong@ft.com and ethan.wu@ft.com....
...“The Fed wants to and needs to create material slack in the economy and in labour markets before saying ‘job done’,” Calvin Tse of BNP Paribas told us....
...For vintage fashion, I love W Armstrong & Son, which has various sites across the city....
...Email us at robert.armstrong@ft.com and ethan.wu@ft.com. 10-year Treasuries A week ago Unhedged offered up an argument for owning long bonds....
...Ethan.Wu W-U @FT.com. Unhedged is produced by Jake Harper and edited by Bryant Urstadt. Our executive producer is Jacob Goldstein. We had additional help from Topher Forhecz....
...Email me your own thoughts: robert.armstrong@ft.com....
...However, reading poor Robert Armstrong, I feel his pain (“A fond farewell to the necktie”, Style, Life & Arts, FT Weekend, March 26)....
...Then I wrote about how Larry Summers thinks that MS&W have it all wrong....
...The granddaddy of all papers on this topic is W. Brian Arthur’s “Increasing Returns and the New World of Business,” published a quarter century ago....
...Email me: robert.armstrong@ft.com Do we have 1950s-style inflation? I often describe inflation as the thing that everyone is always wrong about....
...Calvin Tse of Citigroup says it is a classic risk-off dollar rally, where global worries drive demand for dollars....
...MA&W point out that in the early 1950s, unemployment was very low, economic growth was strong and inflation spiked....
...(Downtown, the W Miami on Brickell Avenue has an even longer pool at 91m, but it does not offer day passes....
...Calvin Tse, a Citigroup FX analyst, is a long-term dollar bear, too, but not because of the twin deficits. He thinks the appeal of US Treasuries will endure....
...The partnership became Brown Brothers Harriman because, during the depression, paper losses left it in dire need of capital, which it received by merging with the investment bank run by W Averell Harriman...
...In the meantime, please do go to Robert Armstrong’s brilliant Unhedged email newsletter. Also Martin Sandbu’s excellent Free Lunch....
Mr Santomassimo held the same role at BNY Mellon under current Wells Fargo chief Charlie Scharf
International Edition