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Mish's Global Economic Trend Analysis: Reader Question: Does the.

MishTalk

Reader Question: Does the Fed Balance Sheet Properly Reflect QE Announcements? The feds balance sheet doesnt reflect it. The balance sheet was up $720 billion from Aug 1, 2012 to Aug 1, 2013 ($309B in treasuries and $393B in MBS) but that is only $60B per month. Feds Balance Sheet. QE History.

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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Operating revenue decreased 15.9 Overoptimism 2008-2010 The SEP growth forecast for 2008 never turned negative. A possible explanation for the SEP’s prediction of a rapid catch-up to potential GDP after 2009 is that participants overestimated the efficacy of monetary policy in the aftermath of a so-called balance-sheet recession.

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Seven Charts Explain Why Chicago Bonds Rated Junk

MishTalk

Data Sources: Illinois Policy Institute, 2010 Census, Chicago Budget. Chart #2: Growing Payments While the current state of the city’s balance sheet is dismal, the real problem relates to what is expected to develop over the next decade. Per capita income estimate is for Cook County.

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Kodak’s Downfall Wasn’t About Technology

Harvard Business

Maybe in 2010 it would have lured a young engineer from Google named Kevin Systrom to create a mobile version of the site. Today the company has annual revenues above $20 billion, competes in healthcare and electronics operations and derives significant revenues from document solutions. The right lessons from Kodak are subtle.

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Mish's Global Economic Trend Analysis: China Manufacturing.

MishTalk

In what should be no surprise to Mish readers, the HSBC China Manufacturing PMI™ shows Operating conditions deteriorate at quickest pace since last September, and new export orders plunge. Operating conditions have now worsened for two successive months. 2010-03-12 - Mish with Marc Faber. 2010-02-12 Max Keiser.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

The Corporate Fund is Chicago’s general operating fund. Chicago’s property tax revenues do not go into its general operating fund. The $326 million budget stabilization fund was exhausted by 2010. This fund is used to pay for essential government services and activities (e.g. public safety and trash collection).

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Research Shows That Smaller M&A Deals Work Out Better

Harvard Business

This is one of the findings from a recently completed study based on publicly available information on the world’s 2,393 largest corporations for the time period 2010–2014. Walter Thompson Company for $566 million in 1987 and Ogilvy for $864 million in 1989 — big acquisitions that stretched the company’s balance sheet.