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ECB Pulls Out Pea Shooter, Fires, Misses Target

MishTalk

The ECB also lowered the benchmark rate from 0.25% to 0.15%. Those counterparties that have not fulfilled certain conditions regarding the volume of their net lending to the real economy will be required to pay back borrowings in September 2016,” Mr Draghi said. The deposit rate in Europe is now negative 0.10%.

Banking 73
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Three Areas for Action by Wealth Managers

BCG

Article Wednesday, June 15, 2016. For 14 years, BCG has conducted a proprietary benchmarking survey of wealth management providers from all over the world, running the spectrum from small boutiques to the world’s largest wealth managers—and covering multiple business models, from onshore to offshore and from banking to brokerage.

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Is Stress Killing Productivity? Here's How Leaders Improve Efficiency & Wellbeing

Organizational Talent Consulting

Why you need a workplace stress reduction strategy Managing long-term stress can lower your risk for conditions like heart disease, obesity, high blood pressure, and depression. Take the following six-question survey to determine and benchmark your likelihood of experiencing gratitude. The good news? Here is how to begin.

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WalMart Margins Set to Plunge? Will Rest of Retail Follow? What About Jobs?

MishTalk

The retailer will open 180-200 of its small format stores, called Neighborhood Markets, in the next fiscal year through January 2016, Greg Foran, head of the U.S. Wal-Mart''s same-store sales — an industry benchmark of health — haven''t risen in six quarters. in the next fiscal year and ramp up spending on e-commerce.

Retail 61
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Fighting Uncertainty in Organizations, Including Matrix Ones

Epicflow

Eli Schragenheim is a respected expert in organizational improvement and strategy, celebrated for his deep knowledge of the Theory of Constraints (TOC). The article advocates for adaptive strategies and the use of buffers as protective measures against unpredictable organizational challenges.

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Parade of Fed Parrots Squawk About Rate Hikes This Year; Toss Out the Script

MishTalk

Bullard is not a voting member of the policy-setting Federal Open Market Committee in 2015, but will vote in 2016. In response, the market has moved the hike odds to 2016, but the parrots don't like that. He doesn’t expect the central bank will raise interest rates until 2016. I argued against the decision at the FOMC meeting.”

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Beware, the Tax Man Has Eyes on You: Potential Hike for Illinoisans is Staggering

MishTalk

A report by Nuveen shows a pension payment spike looms in 2016, and the potential tax hike to fix it is staggering. Due to the lag between when taxes are levied and collected, paying the required pension payments in 2016 would mean any property tax would have to be levied in 2015. Live in Chicago? On April 21, a $295.7