Tuesday 21 Aug 2018 | 08:09 | SYDNEY
Tuesday 21 Aug 2018 | 08:09 | SYDNEY

Wednesday linkage

By

Sam Roggeveen

@SamRoggeveen

29 October 2008 14:54

  • Leading indicator?: Oil prices may have fallen by half, but that hasn't stopped an 'alarmingly fast paced and and widespread' drop in global airline traffic.
  • Foreign investment in Thailand plummets as the political crisis continues.
  • Stocking stuffers: it seems Usama bin Laden and Joe the Plumber are both working on books.
  • Business Week's Eye on Asia blog says Asia's financial crisis has only just started.
  • The usually sensible Thomas Barnett says 'only America can really play Leviathan. The rest of the world simply loses it during times of tumult.' Spare me.
  •  It's the oldest and soundest financial truism around: in the long term, stocks always go up. Ummm...