Monthly Archives: October 2012

Wall Street pay up 4% in 2011, nearly back to 2007 highs

Posted on October 11, 2012 by Danielle Park

“Wall Street is fattening its paychecks even as it slashes jobs. The New York financial sector has been cutting employees in recent years. But those who have held on to their jobs brought home more money than they did two … Continue reading →

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Stories worth noting this morning

Posted on October 11, 2012 by Danielle Park

Risk markets jumped out of the gate this morning, supposedly in response to a report suggesting US jobless claims last week fell to 339,000 (seasonally adjusted) the lowest since January 2008. Non Seasonally Adjusted, initial claims actually jumped by 26K … Continue reading →

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Global trade downturn 2010-2012

Posted on October 10, 2012 by Danielle Park

This chart is from a speech given by FedEx CEO Fred Smith at an investor dinner last night (via @CEP_Observer). See: FedEx Global Trade Slowdown in one gigantic chart

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