At lunch today there was only one thing Simon Ogus wouldnt discuss. The former star Warburg analyst who now runs Dismal Science is contracted to DLJ to provide macroeconomic research. The only thing he wouldnt talk about was how the merger between DLJ and CSFB would affect this arrangement.
Otherwise he was remarkably chatty and produced some interesting views on how Asia will adapt to the new economy.
He began by talking about how Asia has been a production centre for the tech sector, but how this was an increasingly volatile situation thanks to the way tech products such as chips were being commoditized.
He then added that in the...