Source: http://stitchybritches.blogspot.com/2008/06/was-just-looking.html
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Montag, 30. Juli 2012
Was just looking...
at this lovely blog, and this post has a pic of some of these Vogart patterns, stitched and original. Just gorgeous!
Vintage embroidery - Mexico
How wonderful is this? I found this pic on Vintage Love's Flickr.
I must apologise for the lack of posts of late, having to take down all the Vogart ones knocked the wind out of my sails, so to speak, but I'll be back soon with some cute patterns!
Source: http://stitchybritches.blogspot.com/2008/09/vintage-embroidery-mexico.html
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Austerity Hits Cisco Systems as 1,300 Layoffs Coming; Chipmaker Renesas Cuts 5,000 Jobs; Investigating Mass layoffs
For the second consecutive year, Cisco Systems is in Austerity Mode, looking to shed 1,300 employees.
The BBC also notes Chipmaker Renesas Cuts 5,000 Jobs
According to BLS data, Mass layoffs, defined as termination of 50 or more employees simultaneously, have actually been declining and are at the lowest point since 2007.
However, corporations did not exactly go on a hiring spree in the recovery and thus have been running lean.
Should the economy go into a recession (I think we are back in one), companies may have to take it to the chin in profits or in layoffs. I suspect both.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List
Cisco Systems is to lay off around 1,300 workers, as part of the company's ongoing austerity programme aimed at saving $1bn a year.Chipmaker Renesas Cuts 5,000 Jobs
The firm said the cuts were being implemented to simplify its operations and adjust to changing economic conditions around the world.
The job cuts represent around 2% of Cisco Systems' 65,000 strong workforce.
Last year the firm, the world's largest maker of computer networking equipment, had shed 10,000 posts.
Cisco warned that growing economic uncertainty was creating an environment in which it was becoming increasingly difficult to clinch business deals.
The BBC also notes Chipmaker Renesas Cuts 5,000 Jobs
Renesas Electronics, the world's fifth biggest chipmaker, has announced a restructuring plan that will lead to at least 5,000 job cuts.Investigating Mass layoffs
It is getting rid of half its 19 plants and cutting 12% of its workforce.
The plan is part of an agreement to get financial help from creditor banks and its three top shareholders: NEC, Hitachi and Mitsubishi Electric.
According to BLS data, Mass layoffs, defined as termination of 50 or more employees simultaneously, have actually been declining and are at the lowest point since 2007.
However, corporations did not exactly go on a hiring spree in the recovery and thus have been running lean.
Should the economy go into a recession (I think we are back in one), companies may have to take it to the chin in profits or in layoffs. I suspect both.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List
Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.
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Detail
Near the Tour de Hassan, Rabat Morocco
Source: http://microcosmic.blogspot.com/2008/01/detail.html
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231 Weekly Lost Podcast ? What Kate Does Review
Weekly Lost Podcast What Kate Does Review Click Here To Download In this episode, Stephanie and I the weekend review of “What Kate Does.” Complete show notes for this episode can be found at http://gspn.tv/lost231. Don’t forget to give us a call on our listener line. It’s open and ready for your call 24hrs a [...]
Source: http://feedproxy.google.com/~r/generallyspeaking/~3/swinS857Vbo/
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Stitch-a-long #3
So much stitching goodness! Click on the photo for a closer look. And I shamefully admit I haven't even started yet.
Source: http://stitchybritches.blogspot.com/2008/07/stitch-long-3.html
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"Actual" New Home Sales First 6 Months of 2012 vs. Prior Years; Reflections on the Housing Recovery
New home sales unexpectedly plunged today, with the biggest drop in over a year.
Reader Tim Wallace provides a look at actual new home sales, six-month running totals, not seasonally adjusted, not annualized, vs. prior years.
Reflections on the Housing Recovery
Even with today's reported decline, new home sales have likely bottomed on an annual, cumulative-total basis.
However, don't expect much in terms of recovery.
Debt overhang is immense, and student debt is particularly problematic. Lack of jobs coupled with high student debt is capping family formation. Kids out of college are deep in debt and holding off getting married, starting families, and therefore buying houses.
Moreover, home sizes will trend lower and price recovery will be anemic because of boomer demographics. Retired boomers looking to downsize have few buyers able or willing to buy.
Bank-owned real estate (REOs) and shadow inventory are hugely underestimated. That too will pressure prices and sales.
The good news is home sales will add to GDP.
The more realistic news is structural headwinds are immense, demographics are poor, and job prospects for college graduates are poor. The bottom in new home sales may be in, just don't expect anything close to a normal housing-led recovery, because it's not going to happen.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List
New U.S. single-family home sales in June fell by the most in more than a year and prices resumed their downward trend, suggesting a set back for the budding housing market recovery.Actual New Home Sales
The Commerce Department said on Wednesday sales tumbled 8.4 percent to a seasonally adjusted 350,000-unit annual rate, the lowest rate in five months. The percent decline was the largest since February 2011.
May's sales pace was revised up to 382,000 units from the previously reported 369,000 units, taking some of the sting from the report.
Economists polled by Reuters had forecast sales at a 370,000-unit rate last month. Compared to June last year, new home sales were up 15.1 percent.
Reader Tim Wallace provides a look at actual new home sales, six-month running totals, not seasonally adjusted, not annualized, vs. prior years.
click on chart for sharper image
Reflections on the Housing Recovery
Even with today's reported decline, new home sales have likely bottomed on an annual, cumulative-total basis.
However, don't expect much in terms of recovery.
Debt overhang is immense, and student debt is particularly problematic. Lack of jobs coupled with high student debt is capping family formation. Kids out of college are deep in debt and holding off getting married, starting families, and therefore buying houses.
Moreover, home sizes will trend lower and price recovery will be anemic because of boomer demographics. Retired boomers looking to downsize have few buyers able or willing to buy.
Bank-owned real estate (REOs) and shadow inventory are hugely underestimated. That too will pressure prices and sales.
The good news is home sales will add to GDP.
The more realistic news is structural headwinds are immense, demographics are poor, and job prospects for college graduates are poor. The bottom in new home sales may be in, just don't expect anything close to a normal housing-led recovery, because it's not going to happen.
Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com
Click Here To Scroll Thru My Recent Post List
Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com/account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.
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