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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Trucking Industry Entering a Profit-Killing Era of Overcapacity? As surface transportation’s peak period ends for the year, and trucking eyes the traditionally slowest time for the industry as first quarter 2016, economic signals are, at best, mixed. So far, the industry does not appear to be doing that. percent to $160.7

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Bulls and Bears Debate China: Property Bubble Expands Again; GDP Growth Picks Up; Economic Recovery Underway? No Says Michael Pettis

MishTalk

This means that the foreign currency reserves are simply the asset side of a balance sheet against which there are liabilities. The industry may be valued at 36 trillion yuan, or 69 percent of gross domestic product, JPMorgan estimated in May. billion yuan in August, a record in data going back to 2002, after 192.7

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Guest Post I mention the above to prove Culpepper is highly regarded in the industry. The Chicago Tribune estimated it at approximately $400 million : In 2002, for example, the city used tax-exempt bonds to pay an arbitration award involving the Fraternal Order of Police. It is not a balance sheet test, but a cash flow test.