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"Treasury Bond Undervalued" Says Hoisington Second Quarter Review; Path to Fiscal Ruin

MishTalk

The Hoisington Investment Management, Second Quarter 2014 Review and Outlook makes the case " Treasury Bond Undervalued ". Projecting further into 2014, the evidence of a continual lackluster expansion is clear. range, arithmetic suggests that real GDP in 2014 will expand between 1.0% percentage points from 2008.

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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

UPS Freight , the fifth-largest LTL, reported tonnage off 10 percent (matching the record decline reported in the 2009 3Q during the depth of the Great Recession) and shipments down 5 percent year over year (the worst drop since 2008 fourth quarter). Overoptimism 2008-2010 The SEP growth forecast for 2008 never turned negative.

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FOMC Minutes and Economic Projections: Dissent in Both Directions

MishTalk

percent for 2014, and 2.9 Participants also described their views regarding the appropriate path of the Federal Reserves balance sheet. Many other participants anticipated that it likely would be appropriate to continue purchases into 2014. percent at the end of 2014, and 5.8 The Outlook for Economic Activity.

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Back in the Saddle, Just in the Nick of Time

MishTalk

Ally, whose defunct GMAC Mortgage unit was one of the biggest lenders of subprime mortgages in the run-up to the 2008 housing bust, will inch back into direct home loan originations next year, the bank’s Chief Executive Officer Jeffrey Brown said this week at a Goldman Sachs Group Inc. financial conference in New York.

Mercer 28
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Google Chrome Approaching World Domination?

MishTalk

I did a search for the term "browser war" and discovered this December 19, 2014 ZDNet article: Did the browser wars finally end in 2014? Google took over in 2008, introducing its Chrome browser, which caught up with Firefox by 2012. Google took over in 2008, introducing its Chrome browser, which caught up with Firefox by 2012.

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Oil’s Boom-and-Bust Cycle May Be Over. Here’s Why

Harvard Business

output comes from fracking operations that have cut costs dramatically since slumping prices in 2014 forced dozens of companies into bankruptcy. Most major producers with large balance sheets will likely hedge their bets and attempt both. The soaring U.S. These increasingly efficient survivors now represent half of U.S.

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China's Forex Reserves Drop Most On Record: What Does It Mean? Inflation Tsunami?

MishTalk

China's Forex Reserves Note that China's Forex reserves are down about $500 billion from the 2014 peak. If China isn't going to expand its balance sheet anymore, that means it has to stop buying treasuries. That's what's going to happen in 2014. I did not understand in 2004, 2008, 2012, 2014, and I still don't know now.