article thumbnail

Haircut Deficit: Kids Living in Basements a Drag on U.S. Services Spending; Since Recession Ended, Durable Goods +34%, Services +6.3%; What's Next?

MishTalk

From 2008 through this year, the annual rise in the number of households has averaged less than 1 percent. Outstanding automotive loan balances climbed to a record-high $782.9 Wealth Effect I would add that some of the spending, especially on autos, is due to the wealth effect of rising stock market and recovery in home prices.

article thumbnail

Producer Prices, Import/Export Prices Decline Again; Still Think the Fed Will Hike?

MishTalk

percent between September 2008 and September 2009. In contrast, prices for automotive vehicles ticked up 0.1 But when does the Fed disappoint the markets? Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. The index decreased 15.6 percent and 0.1-percent

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

Alvarez & Marsal Interviews and Culture

Management Consulted

As the 2008 banking crisis ensued, Alvarez & Marsal played a pivotal role in liquidating Lehman Brother’s assets while also servicing many other high-profile clients. This added to the firm’s already glowing reputation as they continued to diversify their services and enter new markets. Automotive and Suppliers. Industries.

article thumbnail

Research: Self-Disruption Can Hurt the Companies That Need It the Most

Harvard Business

electric utilities during 2008-2015—a period in which the decentralized model was in its uncertain, nascent phase. their production capacity, which obviously varied considerably) and the competitive intensity of their markets (which ranged from perfect competition to near monopoly, because of regulatory differences between states).

Company 28
article thumbnail

Deflation Will Return: Europe First, Then US; Global Supply Arbitrage

MishTalk

Today''s information technology allows a multinational company to position research, marketing, finance and managerial jobs to anywhere. Currency Crisis A second deflationary factor in Europe is the emerging market currency crisis. the Fed and others way overestimate the robustness of the jobs market. Europe First, Then U.S.

Banking 78
article thumbnail

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

Management Consulted

Today, Booz Allen Hamilton and Booz & Company still reign in the federal sector – they own the highest percentage of the market in the government sector. 2008 was when the split came, and Booz Allen Hamilton (parent company) divided in 2. Automotive. Organization and Change. Product and Service Innovation. Industrials.