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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. percentage point to GDP growth in 2008 and 0.3

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Mortgage REITs Clobbered as Leverage Forces Sales

MishTalk

Mortgage REITs Clobbered as Leverage Forces Sales. REITs Deepening Bond Losses as Leverage Forces Sales. Bloomberg reports REITs Deepening Bond Losses as Leverage Forces Sales. Annaly Capital Management Inc. Until recently, mortgage REITs have benefited from the Feds easy money policy. Urban Digs. Value of College.

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Retail Sales Bounce as Expected; How Much Longer Can Subprime Auto Sales Lead?

MishTalk

Retail sales bounced 1.2% Auto sales were known to be strong ahead of the report, likely steering economists in the right direction. The consumer showed a lot of life in May, driving up retail sales 1.2 A leading component in the month was motor vehicle sales which jumped 2.0 Ex-auto sales are up 1.0%

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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. The company had suffered a 40% drop in sales. Of course, I was admiring the company's financial management while also feeling a little chilly. Read Our Privacy Policy. but was still profitable!

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Coronavirus: Leadership during a Crisis

CaseInterview.com

My experience with crisis management comes from two perspectives. There was the Great Recession in 2008. My guidance has usually been in the context of a client seeing major drops in sales, engaging in layoffs, and redirecting the team in a productive direction (as opposed to being paralyzed by fear or working on their resumes).

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Personal Income Tax Revenues Show Significant Softening in Q4 2013, Decline in Q1 2014

MishTalk

The growth in sales tax collections was also weak at 1.0 While the declines in income tax collections are not surprising, the softening in sales tax collection s is less expected and more worrisome. For the nation as a whole, the unusually cold winter may have temporarily depressed shopping, contributing to the sales tax slowdown.

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

MishTalk

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 Retail Sales: +11.9% Yet, " The government must take forceful policy measures to stabilize growth ," said Li Huiyong, an analyst at Shenyin & Wanguo Securities in Shanghai.