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Posts Tagged ‘stock’

I remember it well: standing in the Sharper Image store debating between a three-day Bushnell wireless weather forecaster featuring AccuWeather forecasts and an Oregon Scientific model alongside it that offered more detailed information from a competing service provider, MSN Direct. Both weather stations did something unique: They didn’t require owners to hook up outdoor sensors that generate fickle forecast icons based purely on barometric pressure as opposed to a bona fide regional weather forecast. These weather forecast alternatives, unlike the vast majority of weather gadgets on the market, receive a radio signal that automatically displays forecast data from a genuine weather service.

For a weather junkie or just about anyone who doesn’t want to watch several minutes of TV, boot up a computer or drain a battery on a smartphone merely to check the weather, having weather alerts, pollen counts, humidity and UV Index information at a single glance at no cost beyond that of the device itself seems almost too good to be true. And, in hindsight, it was too good to be true. For those of us who chose wrong, the convenience was not to last. MSN Direct, the service provider for Oregon Scientific-branded weather units, powered down its US and Canadian network of FM radio transmitters on January 1, 2012. And yet, weather watchers were not the only ones to lose. MSN Direct broadcast a variety of data including traffic information, gasoline prices, Doppler weather maps, news, stocks, local events, movie listings to a variety of devices, all of which began with the debut of Microsoft’s novel “Spot” wristwatch in 2004.

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The Man Who Foretold Our Economic Fate

Giving credit where credibility is due.

Charlie Rose:

How do you see the economy today? The world economy? Where are we?

Answer:

I think the financial system is extremely fragile. I think that you can see it in the volatility of currencies; you can see all sorts of weaknesses. I believe that there is an incredible amount of danger in things like the derivatives. I think that we are moving toward the outer limits of acceptable risk taking. … I think our financial system is dangerous and could create great problems for the real economy. …

Sir James Michael Goldsmith, billionaire financier, 1994; February 26, 1933 – July 18, 1997

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