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Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

MishTalk

Here is a list of FOMC Transcripts and Other Historical Materials, 2008 Notes I purposely cherry picked statements of various Fed governors. Amazingly, Bernanke spoke of pent-up demand for housing in January of 2008 The January 29-30 transcript was a whopping 194 pages long. I slogged through most of it.

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Damn the Bubbles, More Printing Ahead; Property Bubbles and the Perils of Easy Money

MishTalk

Finance reports Yellen strongly defends easy Fed policies, cites U.S. trillion shadow-banking system, trust financing has been key to fueling the nation’s 10 percent annual growth rate in the past decade by providing easy credit to companies considered too risky by banks. Part of China’s $7.5 trillion yuan ($1.8

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Mish's Global Economic Trend Analysis: Job Growth Trends by Type.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Here is an interesting chart by reader Tim Wallace that shows growth on jobs in five distinct job categories: Construction, Manufacturing, Hospitality, Retail, and Government. On Construction Jobs : Construction staffing levels go back to May of 1997.

Trends 74
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Consultant Ninja: "Future Demand Borrowing": Management.

Consultant Ninja

This indication should signal, pent up demand to return to the market to take advantage of favorable pricing and financing. Also, existing home inventories, new home construction, and a diminished salable credit pool should keep prices down for quite some time. I guess we will just have to wait and see. December 8, 2009 at 10:31 AM.

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Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?

MishTalk

Singapore’s booming finance and real estate-focused economy has earned it the moniker “The Switzerland of Asia”, and finance professionals from all over the world are flocking to work there to take refuge from the hard-hit financial sectors in their home countries. Singapore’s unemployment rate is a mere 1.8 Hype or Reality?

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Mish's Global Economic Trend Analysis: D.C. City Council Proposes.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. ” As a result, Barron said, the company “will not pursue” stores at three locations where construction has yet to begin — two in Ward 7 and one in Ward 5. December 2008 (85). November 2008 (78). October 2008 (108).

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Mish's Global Economic Trend Analysis: Political Atom Bomb.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Luis Bárcenas, the former party treasurer, told a criminal court in Madrid that he indeed managed a slush fund that was fed by secret donations from construction companies and other businesses. December 2008 (85). November 2008 (78). October 2008 (108).