Tom Spencer

APRIL 21, 2023

Equity researchers, also known as stock analysts, are professionals who conduct in-depth research and analysis on publicly traded companies to help investors understand the potential risks and returns associated with owning a particular stock. One of the key responsibilities of an equity researcher is to conduct financial analysis.

Research 88

Research Balance Sheet Analysis Cash Flow 88

Harvard Business

OCTOBER 31, 2017

The market panicked. That strengthened investment banks’ balance sheets by forcing them to scale back and to change the nature of the risks they take. This is most apparent in the credit markets, where revenues have shrunk by more than 40% from pre-crisis peaks. HBR Staff/CSA Plastock/Getty Images.

Banking 73

Banking Balance Sheet Financial Finance 73

MishTalk

NOVEMBER 20, 2013

trillion balance sheet is leveraged nearly 49-to-1. As a group, these three banks have some €4 trillion in assets on their balance sheets, supported by €129.3 The AMF has also fined Mike Shedlock €8,000, of Mish''s Global Trend Analysis, published in the USA, for the same offence against Societe General.

Balance Sheet 78

Balance Sheet Banking Financial Finance 78

Tom Spencer

APRIL 17, 2014

This is not necessarily a problem if the decline was expected because a business is sustained from cashflow, not profit, and long term growth can be pursued through capital appreciation, which shows up on the balance sheet and not on the profit and loss statement. Shrinking market size. Falling Prices. Increased competition.

Sales 104

Sales Balance Sheet Examples Productivity 104

Tom Spencer

JULY 7, 2023

I was assigned to a typical strategy engagement – should client X selling product Y increase sales in market Z? Our analysis was impossible without extensive internal data and financial statements. We repeated our request a week later, but they only provided a balance sheet from the previous year.

Data 78

Data Consulting Balance Sheet Analysis 78

MishTalk

OCTOBER 8, 2015

Current Liabilities Cash Much Smaller Than You Think I don't often dive into balance sheets, but did so after reading a Market-Watch opinion by Brett Arends. billion in “off-balance-sheet” liabilities. If “off-balance-sheet” is not included in my totals, then subtract another $31.5 billion and $137.1

Balance Sheet 28

Balance Sheet Report Exercises Analysis 28

Harvard Business

NOVEMBER 22, 2016

In the past, marketers have struggled to deliver the higher response rates they need from existing customers — a smaller group than potential new customers. Digital channels now allow companies to fine-tune marketing messages based on observed behavior. For example, Bain & Company’s recent analysis of the U.S.

Balance Sheet 70

Balance Sheet Insurance Insurance Data 70

Harvard Business

MAY 28, 2018

He asked one former major investor for a reaction to the company’s prediction (accompanying poor quarterly results): “that the [current] market contraction will bottom out soon and our profits will improve.” ” The company took note and duly committed to reducing costs at a rate exceeding market contraction.

Company 104

Company Balance Sheet Cash Flow Interviews 104

MishTalk

JULY 11, 2014

The BIS slam, coupled with a recent stock market selloff, brought up debate on a " controlled collapse ". Over the past few years, non-financial corporations in a number of EMEs have borrowed heavily through their foreign affiliates in the capital markets, with the debt denominated mainly in foreign currency.

Balance Sheet 74

Balance Sheet Financial Banking Policies 74

MishTalk

SEPTEMBER 21, 2017

In response to Janet Yellen’s everything is OK speech following today’s balance sheet reduction notice by the FOMC committee, I received an interesting set of comments from Pater Tenebrarum at the Acting Man Blog regarding rate hike cycles, gold, and stock market peaks. That is no coincidence. Mish Reading List.

Balance Sheet 35

Balance Sheet Banking Trends Analysis 35

Harvard Business

JUNE 14, 2016

Strewn about the table were probably the tools of your trade: reams of data, balance sheets and P&Ls. Managers understand that clear-eyed analysis — both quantitative and qualitative — is the key to building a resilient business. Create a bull market. Family, Friends, Work, etc.)

Management 70

Management How To Balance Sheet Journal 70

MishTalk

JULY 16, 2014

Rather than repairing its balance sheet by reducing debt, the U.S. rates higher than those of major foreign markets, investors are provided with an additional reason to look favorably on increased investments in the long end of the U.S. treasury market. economy is starting to increase its leverage. Hoisington Lacy H.

Balance Sheet 68

Balance Sheet Financial Analysis Policies 68

Tom Spencer

NOVEMBER 17, 2018

I’ll try to summarize some of the causes and historical contexts in this article to provide a greater-than-Big-Short level analysis. Once the housing market began to collapse, mortgages defaulted, and MBS began to fail. To understand the GFC, you must understand mortgage backed securities (MBS), however complex they may seem.

Financial 60

Financial Banking Balance Sheet Cash Flow 60

Harvard Business

OCTOBER 16, 2018

And today I’m talking with Michael Gretczko, Principal, National Offering Leader, Human Capital as a Service at Deloitte Consulting, LLP, and with Jody Kohner, Senior Vice President of Employee Marketing and Engagement at Salesforce. That keeps on driving more and more impact on the bottom line. Jody Kohner, Salesforce.

Deloitte 126

Deloitte Consulting Data Talent 126

Harvard Business

AUGUST 12, 2016

Most of these companies are private and don’t publish their balance sheets. But a new analysis from the German Savings Banks Association shows that, in the last fiscal year, its midsize company clients managed, on average, profit margins of 7.3%. By contrast, the 110 largest German companies had margins of just 6.3%.

Industry 70

Industry Balance Sheet Enterprise Recruiting 70

MishTalk

SEPTEMBER 21, 2017

In response to Janet Yellen’s everything is OK speech following today’s balance sheet reduction notice by the FOMC committee, I received an interesting set of comments from Pater Tenebrarum at the Acting Man Blog regarding rate hike cycles, gold, and stock market peaks. That is no coincidence.

Balance Sheet 36

Balance Sheet Banking Trends Analysis 36

MishTalk

OCTOBER 8, 2015

If the Fed were to pull back, if it was to taper and eventually stop buying bonds, it's not only the absence of Fed buying that would crush the market, private buyers, particularly the leveraged speculators, why would anybody buy a 10-year treasury yielding what, 2.8%, or even a 30-year treasury at 3.9%, why would you do that?"

Balance Sheet 28

Balance Sheet Telecommunications Video Banking 28

Martinka Consulting

MARCH 5, 2021

Have a strong balance sheet. Do a thorough analysis without getting analysis paralysis. The customers, suppliers, employees, market conditions, competition, the lease, and anything else that influences the numbers. Business sellers please make it easy on your buyer, the bank, and your intermediary.

Balance Sheet 40

Balance Sheet Cash Flow Financial Education 40

MishTalk

DECEMBER 26, 2014

They also tend to be associated with rising stock and real estate markets, which, by making households feel wealthier, encourages higher consumption. This isn’t the first time, of course, that the balance-sheet dynamics during a growth miracle have created unrealistic evaluations about the quality of policymaking.

Banking 71

Banking System Benchmarking Finance 71

MishTalk

JUNE 9, 2015

Chart #2: Growing Payments While the current state of the city’s balance sheet is dismal, the real problem relates to what is expected to develop over the next decade. The above charts and analysis courtesy of Michael Johnston at Fixed Income Database. Data Sources: Illinois Policy Institute, 2010 Census, Chicago Budget.

Balance Sheet 28

Balance Sheet Data Insurance Insurance 28

MishTalk

NOVEMBER 19, 2015

Nonetheless, the long bear market of the 1970s that lasted until 1982 caused valuations of the nifty fifty to fall to low levels along with the rest of the market, with most of the Nifty-Fifty under-performing the broader market averages. Trailing PE: 319 Forward PE: 462 Market Cap: $51.53 Market Cap: $311.04

Balance Sheet 28

Balance Sheet Marketing Company Finance 28

MishTalk

APRIL 6, 2015

Futures were negative following Friday''s dismal job showing but that lasted only as long as the the market open. If I am correct, then this would lead to a further reduction of labor market slack, with the unemployment rate approaching 5 percent by the second half of the year. Reuters reports Rate Hike Timing Now Unclear.

Policies 28

Policies Balance Sheet Data Financial 28

MishTalk

JULY 10, 2015

Employment Slack It is my judgment that the lower level of the unemployment rate today probably does not fully capture the extent of slack remaining in the labor market--in other words, how far away we are from a full-employment economy. For example, many young adults continue to live with their parents.

Policies 28

Policies Balance Sheet Productivity Energy 28

MishTalk

AUGUST 7, 2013

Trend Analysis. Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation? Fed Balance Sheet vs. Stock Market. Global Economic. Advertisers. Daily Bell.

Balance Sheet 74

Balance Sheet Marketing Real Estate Financial 74

MishTalk

JULY 13, 2015

If the USD price of gold rises 5% in a given month, the value of your holdings will rise proportionally; with the inverse concept in a market decline. This makes silver an unattractive element for high velocity payments as we subsidize the storage fee from our own operational balance sheet. Reader Mike Writes.

Banking 28

Banking Insurance Insurance Report 28

MishTalk

AUGUST 6, 2013

Trend Analysis. Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Reader Question: Does the Fed Balance Sheet Properly Reflect QE Announcements? The feds balance sheet doesnt reflect it. Feds Balance Sheet.

Balance Sheet 66

Balance Sheet Analysis Trends Real Estate 66

MishTalk

APRIL 1, 2015

trillion muni market had puzzled at the true identity of Bond Girl, Hector Negroni, co-founder of New York-based investing firm Fundamental Credit Opportunities, said in a telephone interview. “ The analysis from Culpepper confirms my belief. It is not a balance sheet test, but a cash flow test. The city has a very?—?well,

Financial 28

Financial Engineering Finance Government 28

MishTalk

JUNE 27, 2013

Trend Analysis. Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Michael Pettis at China Financial Markets commented on the liquidity crunch and spike in SHIBOR a few days ago via email. Global Economic. Advertisers. Sitka Pacific.

Analysis 69

Analysis Trends Real Estate Banking 69

MishTalk

JUNE 28, 2013

Trend Analysis. Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. During the late housing bubble, the FHA lost market share as more private lenders sold “subprime” loans to home buyers. Global Economic. Advertisers. Daily Bell.

Analysis 73

Analysis Trends Real Estate Case Interview 73

MishTalk

JUNE 30, 2013

Trend Analysis. Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. And the recent cash crunch in the interbank market is likely to slow expansion of off-balance sheet lending, further exacerbating funding conditions for SMEs.

Analysis 71

Analysis Trends Real Estate Financial 71

MishTalk

JULY 2, 2013

Trend Analysis. Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Ritholtz on Gold and on Making Predictions; How Secular Bull Markets End; Winning vs. Investing. Global Economic. Advertisers. Sitka Pacific. Recent Posts. Featured Links.

Trends 63

Trends Analysis Real Estate Financial 63

MishTalk

JUNE 26, 2013

Trend Analysis. Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Bernanke says the US economy is solid enough that the Fed can begin tapering its balance sheet purchases later this year. Global Economic. Advertisers. Sitka Pacific.

Balance Sheet 67

Balance Sheet Real Estate Financial Case Interview 67

MishTalk

AUGUST 22, 2013

From 1997-2000 the Fed ignored a major bubble in the stock market. He conveniently ignores the fact he was on the Fed in the Greenspan years, that he presided over the biggest property bubble in history, and he also ignores the stock market bubble we are in now. Inflation Benefit 3 (?): "Balance sheet recession" might go away!

Balance Sheet 73

Balance Sheet Real Estate Banking Government 73

Harvard Business

JULY 17, 2018

It’s no wonder, then, that young people are anxious about their ability to compete in the job market. The most basic level of emotional competence is being able to recognize the emotions at play in the context of analysis and action. Whose will be gored? Who will get promoted? Who will lose their job?

Ethics 133

Ethics Balance Sheet System Productivity 133

MishTalk

DECEMBER 17, 2013

The latest proposals could see up to 126 people being consulted on how to wind up a bank, even though agreement might need to be reached over the course of a weekend while financial markets are closed. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Banking 73

Banking Finance Balance Sheet Financial 73

MishTalk

JULY 10, 2013

Trend Analysis. Minyanville Business and Market News. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Following is a snip from the June 18-19, 2013 Minutes of the Federal Open Market Committee , released today. Global Economic. Advertisers. Sitka Pacific. Recent Posts.

Real Estate 58

Real Estate Financial Policies Case Interview 58

MishTalk

JUNE 16, 2015

A time-based analysis of eurozone taxpayer liabilities shows the Greek game-masters played German creditors like a violin. The Bank of Greece has not published the end of May balance sheet yet. Traditional analysis failed miserably. If it is, then the increase since end April is only €3 billion.

Banking 28

Banking Balance Sheet Analysis Financial 28