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How market-rattling rate hikes could help GE erase a $31 billion pension shortfall The prospect of higher interest rates that alarmed U.S. stock markets this month prompted a different reaction at General Electric, the 126-year-old manufacturer grappling with a $31 billion pension-funding gap in addition to an array of operational obstacles. Each 25 basis-point rate increase narrows the ...
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Thoughts on Business Cycles, Recession and Financial Markets Along with many of you, I have followed @Orbea's somewhat weekly posts over the past decade with great interest. A recent Weekly Orb, however, had an...
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