article thumbnail

Inequality Isn’t Just Due to Market Forces — It’s Caused by Decisions the Boss Makes, Too

Harvard Business

Related Video. Despite these significant labor investments, from 2007 to the end of 2016, Costco’s stock price increased over 200%, far outpacing the overall growth of the S&P 500 (58%) and that of competitors like Walmart (45%) and Target (26%), which is known to pay workers low wages and offer relatively meager employee benefits.

article thumbnail

Mish's Global Economic Trend Analysis: FHA Swamped By Defaults.

MishTalk

According to Ligon, the only way the FHA can avoid a bailout is to reduce its market share by lowering maximum loan limits to $325,000 over the next four years, raise credit requirements for borrowers, and institute “burden sharing” with loan originators by reducing insurance coverage from the current 100 percent to 50 percent by 2016.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Midsize Cities Are Entrepreneurship’s Real Test

Harvard Business

Independently, Michael Porter’s Social Progress Index in 2016 specifically highlighted opportunity in Manizales as significantly higher than both Medellin and Bogota. 200 video clips on growth-related topics have attracted over 22,000 views and many thousands more people are following Scaling Up Manizales on Facebook and Twitter.

article thumbnail

FOMC Minutes and Economic Projections: Dissent in Both Directions

MishTalk

Participants also described their views regarding the appropriate path of the Federal Reserves balance sheet. Participants anticipated a gradual decline in the unemployment rate over the forecast period; a large majority projected that the unemployment rate would not reach their estimates of its longer-run level before 2016.

article thumbnail

Is Mario Draghi a Bare-Assed Emperor With No Clothes?

MishTalk

But he added that fresh declines in oil prices suggest that the annual rate of inflation in 2016 is likely to be “significantly” below forecasts released last month. I position the video at that spot. Five Draghi Takeaways Heading into the market close, there's not much left of today's rally. The final 4 minutes are worth a look.

article thumbnail

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

MishTalk

The Alternative Bank Schweiz wrote to customers telling them they would face a -0.125 per cent rate on their money from 2016 – and a -0.75 With its balance sheet totalling nearly 1.6 Link if video does not play: Crazy - Patsy Cline. emphasis in caps from the article). per cent rate on deposits above 100,000 Swiss francs.

Banking 28