Finally, Graduating Lawyers are Considering a Profession That Benefits Society: Procurement
I must say I got a chuckle from a recent article counseling law school grads to consider “alternative career paths” including procurement. After all, one good mind going into our field and one less shark slowly bleeding the economy to death must be a positive thing now, mustn’t it? The story suggests that given the […]
Friday Rant: Get Ready for a Double-Dip Recession and Its Impact on Procurement (Part 2)
Last Friday, we introduced economic data that suggests the US could be headed for a double-dip recession sooner than many might realize (as early as Q2, when revised numbers come out). In this Friday’s post, we’ll continue providing what we believe are the most critical checklist supplier recommendations to consider based on the highly probable […]
FedEx Demand Forecast Suggests Some Decent News in the Global Economy
Last week, FedEx came out with an earnings report and outlook that actually casts the global economy in a better light than many I talk to on a regular basis forecast. According to the WSJ’s coverage of the quarter, FedEx executives observed that t…
Keynesian Porn
Read this and thought “right on brother”. it ain’t exactly the whole truth and nothing but the truth. Every American who pays taxes is invested in your EV at this point. Self-righteousness gets you nowhere when the playing field ain’t level. Just sayin… [From Quote Of The Day: Don’t Make Me Pull This Oversubsidized Niche […]
Wealth Gap
My friend Meryl sent me this and asked for comment… rather than send her 40 tweets I thought a blog post was in order. The basic thesis of the Business Insider piece is that the gap between rich and poor has widened. By the way, the world isn’t flat either… Here’s my problem with this […]
When Buying and Selling in “Local Currency” Takes on a New Meaning
When we usually think of buying in local currencies, most procurement and finance minds think about denominating contracts in local currencies (e.g., RMB) rather than in the dollar or Euro. But the concept of local currency takes on an entirely diffe…
Things Looking Up Much?
I read the Financial Times most days. Over the last 18 months or so the news has been mostly bad, so I have to say today’s tech digest made for very pleasant reading. You don’t need a sophisticated sentiment analysis engine to see a trend here…. Lenovo profiting from recovery Chinese PC maker Lenovo reports […]
Reporting from the Echo Chamber
I read this short Reuters piece on President Obama’s Fox interview last night and simply thought “who are these people?” Here’s my edited version of the full piece: BEIJING, Nov 18 (Reuters) – President Barack Obama gave his sternest warning yet about the need to contain rising U.S. deficits, saying on Wednesday that if government […]
