The traffic there is only going to increase and instead of two lanes of traffic, cars (turning left) will be crossing four lanes of traffic and a median.

For all Bill Gates' billions, he can't buy hipness. He isn't cool, except in a proto-geek way.

We've had a good set of data out of Europe. That has been reflected to some degree in the interest-rate expectations in the euro area.

Oil is at new highs and then you get a number like this at a time when the market was predisposed to concerns about softness in the economy. We still expect a weaker dollar. The dollar bear story is coming into focus.

Then he gave some specifics on the bad debt situation, perhaps more detail than we would have expected, but we are yet to see anything comprehensive on the fiscal reform, and we don't expect anything soon.

He came out first with quite a few broad-brush themes, saying Japan has too much debt and spends it public money the wrong way,