Five Things: Predicting the Recession's End Kevin Depew Jun 09, 2009 10:55 am |
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High Court Stymies Quick Sale of Chrysler - WSJ
If the court decides to hear an appeal, the sale of Chrysler to Fiat could be delayed for months, the rescue collapse.
Business Mortgage Defaults In US Set to Rise - FT
"Defaults on US commercial mortgages could hit 4.1 per cent by the end of the second quarter, their highest level since the 1992 recession."
More Firms Cut Pay to Save Jobs - WSJ
Outplacement firm Challenger, Gray & Christmas last week reported that more than half of human-resource executives surveyed last month said their companies had either cut or frozen salaries to cut costs.
To Sustain iPhone, Apple Halves Price - WSJ
Apple (AAPL) is now focused on getting as many iPhone users as it can now, despite the cost. What year is this, 1999?
In Recession Specials, Small Firms Revise Pricing - WSJ
Speaking of consumption not collapsing, but shifting, this piece illustrates how it is possible to cater to differing tastes profitably even as doing so creates deflationary pressures elsewhere.
How to Fix Financial Television - Barry Ritholtz
We are all herding creatures. We can't help it. And while I agree with Barry's list, it reads like an outline of how social mood's shifting priorities values things such as quietude, reflection, risk aversion, a slowing of velocity and reduction in noise over high-frequency, high-velocity, speed and noise that characterized the bullish peak in social mood we're in the process of leaving. All of this is deflationary in both an economic and media sense.
Highlights:
1. Stop Yelling. Stop interrupting. Stop Talking Over Each Other
3. S - L - O - W D - O - W - N
4. Risk
6. Separate the Signal from the Noise
14. Stop the Bull/Bear Debate
16. Respect the Audience
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