Wednesday, November 24, 2010

Here is a bit of technology disruption

Thomson Reuters is using satellite imagery from Remote Sensing Metrics to look at mall traffic patterns, and it finds reasons for [holiday sales] optimism.
WJS RealTimeEconomics

Technology shock played a role in finance, all the way through, from the on line mortgage market, in real estate sales, to rapid fire sector analysis by inspection. One of the things I noticed was that the Baltic Dry index was picking up trends before they were aggregated into a balance sheet for finance. When bankers feel like they were swindled, there might be a technology lag effect.

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