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Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

MishTalk

Today the Fed released minutes of meetings at the start and during the great financial crisis. Here is a list of FOMC Transcripts and Other Historical Materials, 2008 Notes I purposely cherry picked statements of various Fed governors. percentage point to GDP growth in 2008 and 0.3 percentage point to GDP growth in 2008 and 0.3

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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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How Nokia Embraced the Emotional Side of Strategy

Harvard Business

How do emotions shape strategy making? Recall that Nokia dominated the mobile and smartphone markets in 2007-2008 when Apple launched the iPhone and Google the Android operating system. Recall that Nokia dominated the mobile and smartphone markets in 2007-2008 when Apple launched the iPhone and Google the Android operating system.

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Consultant Ninja: Mealy-mouthed consultant speak: Management.

Consultant Ninja

My visit started with meeting the President of XXX. We had a fascinating dialogue about XXXs strategies for global expansion - in both the YYY and ZZZ sectors - and the balance between current imperatives and longer term globalisation trends. I am a strategy consultant at. Tuesday, May 19, 2009. Mealy-mouthed consultant speak.

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Mish's Global Economic Trend Analysis: Avalanche of City Debt.

MishTalk

According to Moodys Chicago has $19 billion in unfunded pension liability and faces a "tremendous strain" in meeting their budget and paying law enforcement. Philadelphia : 5th Largest City in US is Effectively Bankrupt; Mayor Holds Closed Meeting With Wall Street to Discuss Asset Sales. December 2008 (85). May 2008 (73).

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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% Additional stimulus now to meet arbitrary growth targets will cause a crash later. Industrial output rose 6.9 percent and slowing sharply from 9.0

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Scranton Needs 117% Property Tax Hike to Balance Budget

MishTalk

Though council members did not extensively discuss the PEL letter Thursday, council Finance Chairman Frank Joyce said after the meeting, "The tax increase they (PEL) recommend is far too expensive for taxpayers to handle.". or financial instrument, or to participate in any particular trading or investment strategy. December 2008 (85).