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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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Retail Sales Rise in Germany and France, Decline in Italy

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Retail Sales Rise in Germany and France, Decline in Italy; Margin Squeeze in Germany and France. Its a mixed bag of retail PMI news in Europe today (assuming of course one believes that spending is good). Italy: Sharpest drop in retail sales since April.

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Big Miss in Retail Sales vs. Expectations; Trend Change or Another

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Big Miss in Retail Sales vs. Expectations; Trend Change or Another "Soft Patch"? Retail sales were up 0.4% May retail sales were revised lower, to +0.5% Here are some retail sales comments from Bloomberg to help put things into perspective.

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Inside a Fortune 500 Boardroom

CaseInterview.com

In contrast, my favorite boardroom belonged to a clothing retail chain in California during the Great Recession of 2008. If you know finance, especially the finance of retail businesses, that’s nearly impossible. I had never heard of a retail business with such high profit margins. but was still profitable!

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Mish's Global Economic Trend Analysis: Economic Recovery in.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Tax Collections, Retail Sales Prove Otherwise. The government deficit totaled €40 billion in the first six months of the year in terms of national accounts, 3.81% of GDP, according to data released Tuesday by the Ministry of Finance and Public Administration.

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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. an hour wages, but only for retailers with corporate sales of $1 billion or more. The response from the worlds largest retailer is hardly unexpected. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140).

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Mish's Global Economic Trend Analysis: Interesting Hussman.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. On Institutional Unloading vs. Retail Buying. Institutions have never dumped more stock onto retail investors as they have in the past 4 weeks. December 2008 (85). November 2008 (78). October 2008 (108). September 2008 (140).