Included in my chart mashup are the U.S. and Canadian inflation rates and a long term chart of the CRB CCI Commodities Index which has been dropping since 2011 and down well over 20%. If it retests the March 2009 Pit of Gloom, it will drop another 20-25%.
Dropping commodity prices are an indication of weak aggregate demand for stuff which is what most countries try to export if they don't have the know how to export value added services.
In this global environment of surplus labour, software is going to outperform hardware; ie: brains over brawn. ps... Real Estate is not immune to a price correction when investor's thoughts turn to yield analysis.
- October 13, 2014 Why colleges should stop splurging on buildings and start investing in software.
- June 5, 2014 Why Aren’t VCs Funding the Future?
- April 9, 2014 Sanitation Software: a Smart Investment for High Level Meeting.
- March 19, 2014 Advantages of Video Conferencing for SMEs with Regional offices – Software vs. Hardware
- October 3, 2013 Hardware is the new software? Nope, says Marc Andreessen. “It’s called hardware for a reason — it is hard”