Thursday, April 30, 2009

Cessna: The Other Shoe Has Dropped

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On April 24th, t he Wichita Eagle 's Molly McMillin reported a rumor of another possible 2,800 layoffs at Cessna. Today, she writes, ...
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Wednesday, April 29, 2009

GDP Dropped at a 6.1% Annual Rate; Final Sales Down c.3.3%

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The GDP numbers are out for the first quarter. The Commerce Department's Bureau of Economic Analysis announced GDP declined at a 6.1 p...

How Business Schools Have Failed Business

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How Business Schools Have Failed Business Why not more education on the responsibility of boards? Wall Street Journal : April 24, 2009 By M...
Tuesday, April 14, 2009

PPI and Retail Sales Down

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The Bureau of Labor Statistics reported that the Producer Price Index (PPI) for finished goods fell 1.2 percent in March (0.0 excluding ene...
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Sunday, April 12, 2009

Who's Boeing's and Airbus's Biggest Customer? Would You Believe AIG?

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Our local economy here in Wichita is heavily dependent on the aircraft industry. Spirit's main customer (80% of its business) is Boeing...
Thursday, April 09, 2009

U.S. Exports Up, Current Account Down, And New Jobless Claims Fall!

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Today brought some startlingly good news. Our trade deficit fell from over $36 billion a month in January to under $26 billion in Febru...
Tuesday, April 07, 2009

Housing Bubbles & Depressions

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Vernon Smith and Steven Gjerstad (Smith a professor at Chapman University and the latter visiting) analyze U.S. housing bubbles and what the...

Airbus Is Ramping Down Production in Response to Lower Orders

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Daniel Michaels reported in yesterday's Wall Street Journal , " Airbus said Friday that it booked orders for just 16 planes in Marc...
Sunday, April 05, 2009

Did the Fed Cause the Housing Bubble?

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On Marrch, 26th, the Wall street Journal published an interesting symposium: Did the Fed Cause the Housing Bubble? My short answer? Yes!
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