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Two-Week Price Inflation in Argentina hits 30%, US Products Lead the Way; Currency Devaluations Hit P&G Earnings

MishTalk

Retail investors aren’t the only ones suffering from the woes of the emerging markets: Procter & Gamble PG +2.06% is feeling the pain of foreign currencies, too. bolivare-per-USD rate, thus the near-$300 million charge P&G now expects to incur on its third quarter balance sheet. certain P&G products — are exchanged.

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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

Bob Costello, chief economist for the American Trucking Associations, recently told an industry gathering that the third quarter economic slowdown was merely a blip on the radar, fueled by manufacturers and retailers burning off excess inventory from earlier in the year. A study by Alessi, et al. percentage points above actual growth.

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China Cash Crunch Eases, For How Long? Three Things China Needs to Avoid; When can Beijing Truly move to Market-Determined Interest Rates?

MishTalk

Banks, fund managers and other institutions in the interbank market will be able to trade the CDs, but non-financial companies and retail investors will be barred. In fact we can judge the effectiveness of Beijing’s implementation of the reforms by how rapidly growth declines over the 2014 and 2015.

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Midsize Cities Are Entrepreneurship’s Real Test

Harvard Business

Four cohorts later, the average growth of the 56 Scalerator companies has been 48%, with over 1,300 new business contracts (excluding retail) and the region’s first exports. A plastics subcontractor launched a line of proprietary pet toys, doubling headcount to over 50. 2 – Broadly communicating growth.

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Swiss Bank Hits Customers With Negative Interest Rates; Crazy? What About Velocity?

MishTalk

per cent rate to their institutional clients, but Alternative Bank Schweiz is believed to be the first retail bank to hit savers with a charge. With its balance sheet totalling nearly 1.6 The ECB became the first major central bank to venture below zero in June 2014, and it now charges banks 0.2

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Right on Cue: Fed's Dudley Delivers Dovish Speech

MishTalk

Examples of such indicators include retail sales, the ISM manufacturing index, manufacturing production and orders, and single-family housing starts. Another significant shock is the nearly 15 percent appreciation of the exchange value of the dollar since mid-2014. Now, with prices dramatically lower, U.S.

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Reflections on 2013; What's Important, What's Not? What's Ahead?

MishTalk

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. Expect more on this in 2014. Will it happen in 2014? At long last, the Fed has finally started to taper. Here we are. It is a critical issue.