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Pain Trade, Treasury Bears, Margin Calls

MishTalk

Also your article Stock Buybacks Peaked With Stock Market in 2007: History About to Repeat? Yields on 10-year Treasuries fell the most since March 2009, trading below 2 percent for the first time since June 2013 as a decline in retail sales prompted traders to reduce wagers the Federal Reserve will start raising interest rates next year.

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Brews, News and Booz & Company: Interview and Culture Insights

Management Consulted

Marc Gerencser, managing director, noted in 2007 that returning to being a private firm allowed Booz & Company to make long-range investments that they may not have otherwise been able to make. In 2007, they had 150,000 applicants apply to 1,033 open positions. Even 30 years later, staff and partners applauded the choice.

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Monetarists Accuse ECB of "Dangerous Game of Chicken"; The REAL Dangerous Game

MishTalk

In addition to holding its benchmark rate at 0.25%, the ECB also left the rate it pays on bank deposits unchanged at zero. Retail sales fell 1.6pc in December, the biggest drop for two-and-a-half years. Retail sales did not decline because of passive tightening. Just like 2007, very few people even recognize bubble exist.

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

MishTalk

The typical sign of recession, an inverted yield curve with 3-month treasuries yielding more than 30-year treasuries (we saw in 2000 and again in 2006-2007) is not going to happen in the absence of rate hikes. There’s a 67 percent chance the Fed will raise its benchmark rate to at least 0.5 percent yesterday. percent in the U.K.,

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Bay Area nonprofits score well, Learning from SPAM, and a Happy New Year

The Nonprofit Consultant

All is well and good now, and I am looking forward to a great and productive 2007. The benchmark the study looks in "healthy" nonprofits is 75 percent or more for programming, 15 percent or less for administration, and 10 percent or less for fundraising. On to the news.

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

MishTalk

I have been writing on these issues since 2007 and have never found reason to criticise the Coalition, but this action is naive, irresponsible and indicates the government is captured by the big business-big union nexus. Looking for madness? Baggage handlers for QANTAS earn up to $85k per annum.

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What the Best Transformational Leaders Do

Harvard Business

How have the firm’s growth, profits, and stock performance compared to a relevant benchmark (NASDAQ for a tech company, for example, or DAX Index for a German firm) during the transformation period? How effectively has the company adapted its legacy business to change and disruption, giving it new life? Financial performance.