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2008 Financial Crisis – Causes and historical context

Tom Spencer

Many an economics and finance course later, I see that the layers of complexities to the 2008 financial crisis are innumerable. Dow Jones Industrial Average collapse following Lehman’s failure was the largest stock market decline since the aftermath of September 11. We were shocked, how could no one have seen the collapse coming?

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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Trucking Industry Entering a Profit-Killing Era of Overcapacity? As surface transportation’s peak period ends for the year, and trucking eyes the traditionally slowest time for the industry as first quarter 2016, economic signals are, at best, mixed. Operating revenue decreased 15.9 That has spread to the truckload side as well.

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

Harvard Business

How did we get here, and what does it mean for the industry? That deal sent the price of Brent crude oil to above $70 a barrel in January, after the industry that had suffered through $54 per barrel oil on average in 2017. The news is all good for customers, but it makes planning for the industry players much more difficult.

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

Harvard Business

He radically transformed the company from a classic conglomerate that did everything to one that focused on its core industrial businesses. 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. YASUYOSHI CHIBA/Getty Images.