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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

Some of the growth is driven by record-low interest rates, supporting auto sales that account for almost a quarter of the increase in spending on long-lasting items. From 2008 through this year, the annual rise in the number of households has averaged less than 1 percent. What''s Next? Unless the top 10% increase spending ~6%/yr.,

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Downside Data Surprises in Canada; Bad Weather Up North? How About Recession?

MishTalk

This is now showing up in numerous Canadian coincident data releases, with retail sales being the latest to miss expectations last Friday. Canada December Retail Sales On February 20, the Huffington Post reported Canadian Retail Sales Post Biggest Drop Since April, 2010. Statistics Canada said Friday retail sales fell 2.0

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

MishTalk

Retail Sales Cost-Cutting, Competition, and Cannibalization Numerous retailers are cutting employees. In " Retail Sales Cannibalization " I noted "Brewer aims to better compete with brick-and-mortar rival Costco as well as to take on online membership clubs like Amazon Prime service. residential sales in December, up from 38.1

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

Management Consulted

2008 was when the split came, and Booz Allen Hamilton (parent company) divided in 2. Automotive. With the large government consulting portfolio as the core for Booz, the firm started with long legacy recurring relationships – which means less sales time (with 0 revenue) and more funded project utilization. Industrials.

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Truck Rates Plunge; What About Actual Shipping Volumes? Strong Case for Pending Recession

MishTalk

Inventories to Sales Economists missed the wholesale trade report numbers by a mile. Inventories to Sales The inventory-to-sales ratio is clearly in the danger zone. percent but sales are down 3.7 Automotive 2.3 Sales are up 2.3 Sales are up 2.3 Here is a subset of one of their tables. Durable -2.2

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What the Big Mergers of 2017 Tell Us About 2018

Harvard Business

Prior to this, only 2007-2008 saw this many annual deals, and before that the single-year peak of 2000 saw “just” over 40,000 deals. The remix of this sector, too, started early on, with automotive and airline mergers in the late 1990s and then again around the great recession. How we move. How we make things.