article thumbnail

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

article thumbnail

Retail Sales Rise in Germany and France, Decline in Italy

MishTalk

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. In Italy, Markit reports Sharpest drop in retail sales since April.

Retail 70
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

MishTalk

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. percent in June, the most since February 2008. Retail Sales vs. Last Year.

Retail 64
article thumbnail

Tsunami of Retail Store Closings and Downsizings Coming; Expect Layoffs and Shorter Hours

MishTalk

Due to competition from online retailers like Amazon and dismal holiday sales at Target, J.C. Penny, Sears, Best Buy, and other major retailers, a flood of retail store closings are on the way. All things considered, expect nothing less than a massive Tsunami of Retail Store Closings and Downsizings.

Retail 78
article thumbnail

List: Global Strategy Firms 2013

Tom Spencer

List of Global Strategy Firms in 2013. BELOW is a hand-picked list of leading Global Strategy Firms. Maybe not, but seeing as Sydney is at the other end of the earth you would expect a truly global strategy firm to have an office there (if you want to see a list of purely Aussie strategy firms for 2013, click here ).

article thumbnail

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

MishTalk

Retail sales bounced 1.2% The consumer showed a lot of life in May, driving up retail sales 1.2 percent, excluding which retail sales still rose a very strong 1.0 Still, excluding both of these components, retail sales ex-auto ex-gas gained a very solid 0.7 percent, and nonstore retailers, up 1.4 percent gain.

Sales 28
article thumbnail

Competitive Response

Tom Spencer

CanadaCo, the largest discount retailer in Canada, currently holds the dominant market share in the industry. USCo, the largest discount retailer in the United States, has decided to expand into Canada by purchasing CanadaCo’s competition. How should the CEO of CanadaCo respond? How would you respond?