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WalMart Margins Set to Plunge? Will Rest of Retail Follow? What About Jobs?

MishTalk

Retail sales reports on Wednesday have me thinking about the strength of the economy, commercial construction, jobs, and profit margins. Let''s start with a look at retail sales. Retail Sales Falter Amid Signs of Global Slowdown. Similarly, Bloomberg reports Weaker Retail Sales Signal Smaller Spending Boost.

Retail 71
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Hey Janet, It's July 15!

MishTalk

She didn't provide more specifics about the timing of the first hike in the Fed's benchmark rate since 2006, reiterating that it will depend on the progress shown by the economy and labor market. Many economists expect the Fed to act as early as September; others say the central bank is likely delay the move until December or even 2016.

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Why Aren’t Black Employees Getting More White-Collar Jobs?

Harvard Business

My senior year in college, a black sales rep from IBM encouraged me and a group of fellow black students to consider a career with the company. It offered a competitive salary and extensive training, and it could point to several minority leaders in management. representation in non-management professionals. The Numbers.

Metrics 29
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Reflections on the "Sure Trade" of 2014; Yield Curve Inversion Possible? Five "Sure Things" for 2015?

MishTalk

There’s a 67 percent chance the Fed will raise its benchmark rate to at least 0.5 I take the other side of those bets, adding that if the Fed does manage to pull off a couple hikes, they will quickly reverse in 2016 as the entire global economy sinks. percent yesterday. Ten-year debt yields fell to 1.51 percent in the U.K.,

Retail 28
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It Pays to Become a B Corporation

Harvard Business

According to several studies, such as Nielsen’s The Sustainability Imperative , global consumers say they will pay more for sustainable consumer brands, and sales of consumer goods with a demonstrated commitment to sustainability have grown more than 4% globally, while those without grew less than 1%.

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Australia's Alleged Conservatives Surrender to Unions; GM Australia vs. GM US; Currency Madness Everywhere

MishTalk

When these protected companies and industries cave in to unions, these new wages and working conditions become the benchmark and these wages flow onto every other sector. Mike "Mish" Shedlock [link] Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Looking for madness?

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Reality Check: How Fast is China Growing? Global Recession at Hand

MishTalk

Orange and lemon groves turn to useless, vacant housing Property 20% of GDP and tracking negative (sales and pricing). per cent in 2016, the first time the IMF forecast lower growth in China than in India for decades. With factory sales down 6 month, I am sticking with my US recession call made in January. million homes.

Banking 28