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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. I didn’t quite get that.

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Great Depression 2020?

CaseInterview.com

For context, I asked this exact same question in October 2008 at the start of the Great Recession. Now, let me elaborate on why, despite coronavirus, a drastic drop in many consumer sectors, and stock market values plummeting, I don’t think we will have another Great Depression. We were extremely close to a great depression in 2008.

Banking 119
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Tesla: Leading the Charge Toward Sustainability

Tom Spencer

The company has consistently pushed the boundaries of what is possible with EVs, starting with the Tesla Roadster in 2008, the first long-range electric sports car. This was followed by the Model X, a sport utility vehicle with falcon-wing doors, and the Model 3, a more affordable option for mass market appeal.

Energy 88
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Consultant Ninja: A Simple Question about the Credit Markets.

Consultant Ninja

A Simple Question about the Credit Markets. Isnt also true that providing funds to the sick banks also insures they dont go under? AJ: I totally agree that it massively shift market share from the sick banks to the healthy banks. But wouldnt that be a better market result than letting the sick banks keep their share?

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Municipal Bonds an "Outrageous Bargain"? Compared to What?

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Shifting Sands of Muni Bond Market; Three Bad Assumptions. This is an idiosyncratic market of $3.8 No true AAA credit ever needed bond insurance to sell a new issue. Sitka Pacific.

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My Struggles with Suicide

CaseInterview.com

My strongest and earliest memory of depression and suicidal thoughts occurred in the two years leading up to 2008. In early 2008, it became beyond obvious that the math on the mortgage no longer worked. All of my prospective clients decided not to buy anything for the upcoming year, and my future pipelines of sales declined by 100%.

Cash Flow 128
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EU officials Give Greece Three Days to Deliver Reforms or Face

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Mish and Eric King discuss Gold, the Stock Market, the US Dollar, Sideline Cash, China, and US real estate. December 2008 (85). November 2008 (78). October 2008 (108).