A Framework That Provides Clarity

During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.



Job Market to Remain Weak

Near the end of the interview Lakshman misquoted the number of robots currently used by Foxconn, China’s largest private employer (10,000, not 10 million!). They do plan to increase the number of robots they use from 10,000 today to one million by 2014.