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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Third-quarter Gross Domestic Product grew at a 1.5 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). in October from 50.2 in September.

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

MishTalk

Readers of our letters are familiar with our long-standing assessment that the cause of slower growth is the overly indebted economy with too much non-productive debt. Rather than repairing its balance sheet by reducing debt, the U.S. According to the OECD, Japan’s PSR for 2014 will be 0.6%, virtually unchanged from 2008.

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

Harvard Business

In November, United States’ crude oil production exceeded 10 million barrels per day for the first time since 1970, according to the US Energy Information Administration (EIA). oil production, up from a mere 10% just seven years ago in 2011. hbr staff/bettmann/Getty Images. Analysts have predicted that U.S. The soaring U.S.

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Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business

GE made a $4 billion bet on connecting industrial equipment through the internet of things and analytical software with a suite of products called Predix Cloud. In 2015 Trian Partners, an activist investor, bought $2.5 In 2015 the 10 largest shareholders in a typical S&P 500 company held almost half of the company’s stock.)