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Sales, Earning Estimates Contract First Time Since 2009; US Back in Recession?

MishTalk

Large US corporations posted their first decline in both earnings and sales since the great recession. From railroads to manufacturers to energy producers, businesses say they are facing a protracted slowdown in production, sales and employment that will spill into next year. US Back in Recession? Are we back in recession?

Sales 28
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Mortgage REITs Clobbered as Leverage Forces Sales

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Mortgage REITs Clobbered as Leverage Forces Sales. The rise in yields have wreaked havoc in the bond markets and even more so in mortgage-related Real Estate Investment Trusts (REITs).

Sales 73
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Retail Sales Rise in Germany and France, Decline in Italy

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Retail Sales Rise in Germany and France, Decline in Italy; Margin Squeeze in Germany and France. Italy: Sharpest drop in retail sales since April. Sitka Pacific. Recent Posts. Big Picture.

Retail 70
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Mish's Global Economic Trend Analysis: European Car Sales.

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. 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 the five largest markets, only the U.K. Sitka Pacific.

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

MishTalk

Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. 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% Sales dropped 2.2

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Empire State Manufacturing Index Posts Horrific -19.37, Lowest Reading Since April 2009

MishTalk

Retail Sales Were Negative , and that was arguably the best report. for the January headline which is the lowest reading since April 2009. New orders, at minus 23.54, are contracting for an eighth straight month and at the sharpest pace since March 2009. Economic data today was awful, at best. The actual result was -19.37

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What Are The Best Management Consulting Books?

Steve Shu Consulting

nurturing marketing and selling skills for consulting (for example, I highly recommend books like Winning the Professional Services Sale by Michael McLaughlin ). As an aside, back in 2009 Kevin Gao (ex-McKinseyite) interviewed me for ManagementConsulted’s Life as a Consultant series.