I presently work nights in a warehouse that serves a group of mid-market clothing brands. Sales are weak- hours are being cut in every (non-management) area. If this was strictly a reaction to poor products [read more]
The ‘Federal Open Market Committee‘ recently announced[1] a plan to reduce its monthly purchases of financial instruments (generally mortgage bonds and ‘treasuries’ – US Government bonds) from US$50 to US$35 Billion. Interesting how they want [read more]
(Also- “Obama, The Banks and the Consumer Confidence Game“) Obama stands up to the banks; the Stock Markets fall – should we care? In an effort to turn our attention away from the Administration and [read more]
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