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Nonfarm Payrolls +113,000, Median Bloomberg Estimate 180,000; Huge March 2013 Employment Revision

MishTalk

Huge March 2013 Revision Nonfarm employment for March 2013 was revised up by 369,000 (347,000 on a not seasonally adjusted basis). For 2013, one needs to factor in the increase in payroll taxes for Social Security. Beneath the surface, things actually look better for a change. That said, revisions were in play.

Survey 70
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Venezuelan Bolivar Plunges to Record Low on Black Market; Bond Default Coming Up in October?

MishTalk

In 2013 the official exchange rate soared to 6.3 On the black market today, it takes 89 bolivars to buy 1 US dollar. That is a 95% loss in value vs. the official exchange rate since 2013. Black Market Record Low Bloomberg reports Venezuela’s Black Market Bolivar Slides to Record Low. to the dollar. to the dollar.

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Moving Beyond the “Milkman” Model in Medtech

BCG

Three years ago, BCG published the results of its landmark global benchmarking study that concluded that medical technology companies had been relying on an outdated commercial model, which we dubbed the “milkman” model.1 Fixing the Medtech Commercial Model, BCG Focus, July 2013.) Focus Tuesday, February 28, 2017.

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3 Steps to Cultivate an Innovation Culture

Organizational Talent Consulting

A financial services company engaged in investment banking and capital markets estimated the customer benefit of the Space X Falcon 9 reusable rocket. Market Culture creates a competitive, fast-paced, results-oriented environment. Benchmarking in the process of creating a culture of innovation in hotel companies. Cameron, K.

Culture 52
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Global Corporate Banking 2016: The Next-Generation Corporate Bank

BCG

In fact, BCG’s most recent Corporate Banking Performance Benchmarking survey—of 300 corporate banking divisions around the world serving the small, midmarket, and large business segments—found a dramatic split between the best and the rest. Nevertheless, this year’s survey revealed a few themes that cut across all those segments.

Banking 40
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Can we rely on LIBOR? - Tom Spencer consulting blog

Tom Spencer

Bremmer highlights the importance of LIBOR by explaining that it is “a key benchmark rate that affects the price of $350 trillion worth of securities and loans around the world.” ” Indeed, the British Banker’s Association notes that LIBOR “is the primary benchmark for short term interest rates globally.

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Argentine Central Bank Chief Quits in Currency Dispute; Hyperinflation On the Way?

MishTalk

There was a sharp sell-off in the benchmark Merval stock index after Mr Fábrega’s departure was announced. Black Market Rate Shows 78% Decline The black market exchange rate is about 14 pesos to the dollar. Here''s a Black Market exchange rate chart form the Wall Street Journal as of the end of August. tonnes in 2013.

Banking 69