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Monetarists Accuse ECB of "Dangerous Game of Chicken"; The REAL Dangerous Game

MishTalk

At a press conference to explain the ECB''s latest decision, Mr Draghi said: "There is going to be a low level of inflation for a protracted period of time, but deflation? The ECB balance sheet has plummeted to 23pc of eurozone GDP from a peak of 32pc in July 2012. Retail sales did not decline because of passive tightening.

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Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business

Everything is on the table,” Flannery said on a conference call to discuss quarterly earnings. But first they need to get management of a company to change the existing strategy. Or they may even put the entire company up for sale. “We need to make some major changes with urgency and a depth of purpose.

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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. But, as Chair Yellen remarked in her most recent press conference, removal of “patient” from the statement does not indicate that we will be “impatient” to begin to normalize monetary policy.

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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. 96 Percent of Spaniards Believe Political Corruption is "Very High" Downturn Lingers House prices continued their decline, new lending declined retail sales declined.