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Non-Manufacturing Services ISM Fails to Meet Expectations

MishTalk

Non-Manufacturing Services ISM Fails to Meet Expectations; New Orders Plunge. Non-Manufacturing Services ISM Fails to Meet Expectations; New Orders Plunge. December 2007 (69). November 2007 (91). October 2007 (56). September 2007 (49). August 2007 (61). July 2007 (44). June 2007 (38).

Meeting 60
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Seven Years Later, Global Debt Keeps Piling Up, $57 Trillion More Than 2007

MishTalk

In fact, rather than reducing indebtedness, or deleveraging, all major economies today have higher levels of borrowing relative to GDP than they did in 2007. Since 2007, government debt has grown by $25 trillion. China China’s debt has quadrupled since 2007.

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Unemployed Agilists: Review the Hype Cycle & Your Agility to Help You Manage Future Job Changes, Part 4

Johanna Rothman

I'm not blaming the manifesto writers—no one invited a manager-type person to the meeting. Yes, do start with the pirate metrics (from Dave McClure's 2007 talk ) so you can focus on the value you can provide. (Just look at the manifesto. It has nothing for managers and no link to any form of corporate value.

Agile 96
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Mish's Global Economic Trend Analysis: Avalanche of City Debt.

MishTalk

According to Moodys Chicago has $19 billion in unfunded pension liability and faces a "tremendous strain" in meeting their budget and paying law enforcement. Philadelphia : 5th Largest City in US is Effectively Bankrupt; Mayor Holds Closed Meeting With Wall Street to Discuss Asset Sales. December 2007 (69). November 2007 (91).

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Fed Wonders "Why Are Housing Inventories Low?"; More Than Meets the Fed's Eye

MishTalk

Inventories of homes for sale have been slow to bounce back since the 2007–09 recession, despite steady house price appreciation since January 2012. More Than Meets the Eye. Inquiring minds are reading the San Francisco Fed Economic Letter " Why Are Housing Inventories Low? ". I endorse the Fed''s conclusion.

Meeting 67
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Spain Household Income Drops 10% to 2005 Level

MishTalk

of Spanish households had "great difficulty" making ends meet in 2013, the highest percentage recorded throughout the period of crisis. According to the survey, 16.9% In 2012, households that expressed much difficulty to reach end of the month was 13.5%, ie 3.4 points lower than those found in this situation this year. this year.

Survey 73
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10-Year Treasury Yield Up 100 Basis Points Since May

MishTalk

Most of this pain has occurred since the FOMC meeting last Wednesday, and I am sure the talking heads at CNBC have no idea how much interest rates have spiked. December 2007 (69). November 2007 (91). October 2007 (56). September 2007 (49). August 2007 (61). July 2007 (44). June 2007 (38).