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Mish's Global Economic Trend Analysis: European Car Sales.

MishTalk

European Car Sales Plunge to 20-Year low. Amidst all the happy talk that Europe is on the verge of some sort of recovery, here is yet another counterpoint: European Car Sales Plunge to 20-Year Low. in June, bringing total sales for the first six months of the year to just 6.44 Among smaller markets, sales plunged 42.7%

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China Industrial Growth Slows, Power Generation Negative 1st Time in 4 Years; Stimulate Now, Crash Later

MishTalk

Cries for more stimulus ring loudly in China because Chinese industrial output slowed to 6.9%. Industrial output rose 6.9 percent in August from a year earlier - the lowest since 2008 when the economy was buffeted by the global financial crisis - compared with expectations for 8.8 China''s Economic Numbers Industrial Output: +6.9%

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We May Not Have a Clear Path, But We Each Have One

Harmonious Workplaces

This group of Industrial-Organizational (I-O) Psychology practitioners took turns sharing how they found their way toward our aligned passions of how people think and behave in the workplace. I started working at the age of 16 in 1992 as an industrial cleaner on nights and weekends with my friend Mark.

Hotels 52
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Consulting or Banking

Tom Spencer

Within an investment bank, the work is split into many roles including investment banking, sales and trading, equity research, risk management, operations, and technology. People in the “sales and trading” division buy and sell financial products. Sales people communicate with investors to sell financial products.

Banking 60
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A framework for understanding technology companies

Tom Spencer

The technology industry is booming: in 2008, Microsoft was the only tech firm ranked in the world’s top 10 public companies by market capitalisation. But no two tech companies are quite alike, and a reductive view of the technology industry belies the fundamental differences between today’s tech giants.

Company 68
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Wholesale Trade: Sales Down, Inventories Up; GDP Estimate Revised Lower Again; Sticking With Recession Call

MishTalk

The US Commerce Department Monthly Wholesales Report for January 2015 shows sales are down while inventories continue to rise. Wholesale Trade Sales Sales down 3.1% from the revised December level Sales for December revised lower by 0.5% Sales down 1.0% from December Sales of nondurable goods were down 4.6%

Sales 28
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Great Depression 2020? (Part 2)

CaseInterview.com

I made the case (that I still stand by) that a collapse of the consumer banking system (in the 1930s) and the investment banking system (in 2008) would not be reasons why our current economy would go into a depression. That simple fact has shut down entire industries and slowed down entire geographies. Here’s an example.