Thursday, January 22, 2009

Plain Vanilla Banks Must Wax and Wall Street Must Wane

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John the Baptist told his disciples, "He must increase, but I must decrease." (John, 3:30.) I doubt we will see the same humility...
Sunday, January 18, 2009

Is 2009 the Year the Credit Crunch Crimped the Aircraft Industry?

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2007 was a boom year for the airline industry . The new year is so far characterized by caution and layoffs that are shedding the workers t...
Thursday, January 15, 2009

China's the #3 economy.

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The Economist reports that China is now the world's #3 economy. It slipped by Germany in 2008. Exports are down and imports down big t...
Tuesday, January 13, 2009

Imports Are Down!

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Yesterday, Bob Davis reports "A wave of protectionism is swelling around the world that could further damage struggling economies"...

Banco Pine SA

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In Sao Paulo Rogerio Jelmayer of Dow Jones Newswires reports a very curious thing. There is a bank in Brazil is that buying back its equit...
Saturday, January 10, 2009

2007 is Looking increasingly looking like it Was a Bubble Year for the Aircraft Industry

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Today's Wall Street Journal reports that Boeing is eliminating 4,500 jobs. Both Boeing and Airbus are trying to reduce costs. "...

What Tesco knows and Woolies forgot

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John Kay is an economist who believes markets do a better job than governments in organizing the economy, but his understanding is nuanced. ...
Tuesday, January 06, 2009

Wichita's Unemployment Rate Is 4.7%

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The U.S. Bureau of Labor Statistics (BLS) report on employment in America's metropolitan areas showed Wichita's labor force grew by ...
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Kearney Calls Volume Decline the "Greatest Since the Depression"

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NPR's Tamara Keith looked at the Recession's impact in her broadcast, "Postal Service Sees Less Mail In Slumping Economy."...