MishTalk

JUNE 14, 2017

Balance sheet reduction hasn’t started yet, nor did the Fed even say when it would start. Once balance sheet reduction starts, the cap will be $10 billion a month rising to $50 billion a month, on a schedule not posted.

Balance Sheet 44

Balance Sheet 44

MishTalk

JULY 26, 2017

In addition to its standard boilerplate about inflation, the Fed stated it would begin balance sheet normalization “relatively soon” Here is the full Text of the FOMC Press Release. As expected, today’s FOMC meeting came with zero surprises. more…).

Balance Sheet 39

Balance Sheet Meeting 39

MishTalk

SEPTEMBER 20, 2017

As expected the Fed will begin balance sheet reduction in October. The Fed penned in one more rate hike in December as its FOMC statement shows the hurricanes will have no lasting effect on anything. more…)

Balance Sheet 36

Balance Sheet 36

Tom Spencer

MAY 2, 2020

Since the start of February this year, the Fed has expanded its balance sheet by more than $2.4 To put that in context, the Fed was created in 1913, and its total balance sheet assets only reached $2.4 trillion in assets, but only 2 months to achieve the same amount of balance sheet expansion this year.

Balance Sheet 88

Balance Sheet Government System Finance 88

Markovitz Consulting

NOVEMBER 19, 2019

Unfortunately, companies in the lean community don’t seem to take much note of, or try to copy these experiments, probably because the benefits aren’t reflected on the income statement or balance sheet. Overtime expense isn’t a major concern when many office workers are on salary.

Time Management 145

Time Management Balance Sheet Management Software 145

MishTalk

JULY 5, 2017

The Fed also firmed up its Balance Sheet Normalization Plans. The Fed released the Minutes of June 13-14 FOMC meeting today. The minutes show an overreliance on regional report soft data and consumer confidence measures instead of hard data measures. more…).

Balance Sheet 37

Balance Sheet Data Report Meeting 37

MishTalk

DECEMBER 27, 2024

Every month since April of 2022 the Fed has been slowly unwinding QE that it should not have done in the first place.

Balance Sheet 48

Balance Sheet 48

Tom Spencer

AUGUST 26, 2013

Building on information provided in Management Consulting: A Guide to the Profession , I highlight three approaches that a consultant can use when performing a valuation: Balance sheet valuation; Market based valuation; and. Valuation of discounted expected future cash flows.

Cash Flow 109

Cash Flow Case Interview Balance Sheet Interviews 109

Harvard Business

JUNE 20, 2016

My guess is that while a poor balance sheet might cause restless sleep, it’s the thought of an incorrectly reported balance sheet that brings on night terrors. What’s a typical independent director’s worst nightmare? It’s not surprising.

Company 127

Company Benchmarking Balance Sheet Intellectual Property 127

MishTalk

DECEMBER 14, 2015

Merits of Not Shrinking the Balloon When the Fed first launched QE, they stated they had the "tools" necessary to shrink their ballooning balance sheet. Once the Federal Reserve lifts interest rates from near zero, likely this week, the focus will turn to the other legacy of the crisis-era policies: the Fed's swollen balance sheet.

Balance Sheet 28

Balance Sheet Banking Tools Policies 28

Harvard Business

MAY 24, 2017

Today’s executives spend a lot of time managing the balance sheet, despite the fact that it doesn’t represent their company’s scarcest resource. Vincent Tsui for HBR. Financial capital is relatively abundant and cheap. This tour-of-duty approach helped attract and retain entrepreneurial employees.

Management 134

Management Company Balance Sheet Talent 134

Consultant Ninja

MARCH 31, 2009

Heres my understanding of the current TARP/TARPII/PPIP/etc plans: The major "sick" banks wont lend to businesses, because their balance sheets are tied up with bad assets that they cant sell. A Simple Question about the Credit Markets. The government will buy those assets, freeing up the major banks to loan again to businesses.

Balance Sheet 100

Balance Sheet Marketing Banking Consulting 100

CaseInterview.com

APRIL 15, 2022

This can be an emergency savings fund or cash reserves on the balance sheet. A lot of people assume, unconsciously or otherwise, that favorable conditions will persist pretty much forever. This is not realistic. It’s useful to prepare for difficult times when things are really good. Are you prepared for all phases in the cycle?

Marketing 105

Marketing Balance Sheet Policies Resources 105

MishTalk

OCTOBER 26, 2013

Inquiring minds are monitoring the Fed''s Balance Sheet. One more week like this and the FED balance sheet will be $1 trillion more than last year at this time. Three rounds of so-called quantitative easing have enlarged the Fed’s balance sheet to almost $3.8 click on chart for sharper image.

Banking 74

Banking Tools Balance Sheet Policies 74

Harvard Business

MARCH 14, 2017

First, blockchain could help relieve a large balance-sheet liability that many in the industry are facing. A robust, frictionless partner network could mean many more redemption options outside of the core travel product, thereby creating a much-needed release valve for these growing balance-sheet pressures.

Travel 134

Travel Balance Sheet Hotels Airlines 134

MishTalk

JUNE 30, 2016

Deutsche Bank shares have collapsed to lows deep under crisis lows and collapse of Lehman in the Great Financial Crisis. … Continue reading →

Balance Sheet 44

Balance Sheet Banking Financial 44

Harvard Business

FEBRUARY 26, 2018

This becomes clear when you look at a company’s two most important financial statements: the balance sheet and the income statement. Let’s first look at the balance sheet. Therefore, the balance sheets of physical and digital companies present entirely different pictures.

Financial 71

Financial Balance Sheet Company Report 71

MishTalk

SEPTEMBER 30, 2014

On September 4, ECB President pulled out a financial bazooka including a pledge to build up the ECB''s balance sheet by another €1 trillion. In this case, the stench on Greek bank balance sheets will not go away. Instead, stench will also appear on the balance sheet of the ECB.

Balance Sheet 75

Balance Sheet Real Estate Banking Policies 75

Tom Spencer

NOVEMBER 25, 2011

Thirdly, European banks are currently focused on building their balance sheets not on lending. Dexia has around $700 billion on its balance sheet, but like many banks it requires access to short term funding. European banks have until the end of June 2012 to get their core capital ratios up to 9%. How could Dexia fail?

Balance Sheet 89

Balance Sheet Banking Financial Case Interview 89

MishTalk

MARCH 28, 2014

reader Dave, a friend, noted that as the Fed jacked up its balance sheet, velocity has mirrored the curve to the downside. In response to Will Prices Rise Significantly When Velocity of Money Picks Up?

Banking 75

Banking Balance Sheet System Financial 75

MishTalk

SEPTEMBER 4, 2014

Question: Mr Draghi, you said that the new measures and the TLTROs will have a sizeable impact on your balance sheet. So all this makes a precise estimate of the impact that these transactions will have on our balance sheet very complicated, especially at the stage when none of these operations have as yet been undertaken.

Balance Sheet 76

Balance Sheet Real Estate Banking Operations 76

MishTalk

MARCH 19, 2014

The Fed’s tapering merely slows the growth of its balance sheet. The rarely admitted truth, however, is that there is no need for central banks’ balance sheets to shrink. They could stay permanently larger; and, for some countries, permanently bigger central-bank balance sheets will help reduce public-debt burdens.

Balance Sheet 67

Balance Sheet Banking Government Policies 67

MishTalk

NOVEMBER 16, 2014

After the implementation of the EURCHF floor, gold’s share of the SNB balance sheet has fallen to 7.5% from around 30% in 2007 (top chart) [SNB Balance Sheet]. SNB Balance Sheet SNB Reserves Missing the Boat I am a fan of research by Variant Perception , but I believe they may have missed the boat here.

Balance Sheet 69

Balance Sheet Banking Analysis Productivity 69

MishTalk

AUGUST 6, 2013

Reader Question: Does the Fed Balance Sheet Properly Reflect QE Announcements? The feds balance sheet doesnt reflect it. The balance sheet was up $720 billion from Aug 1, 2012 to Aug 1, 2013 ($309B in treasuries and $393B in MBS) but that is only $60B per month. Feds Balance Sheet. QE History.

Balance Sheet 64

Balance Sheet Analysis Trends Real Estate 64

MishTalk

JANUARY 26, 2016

Fed Balance Sheet vs. S&P 500 I was playing around with some ideas on the St Louis Fed "Fred" database and came up with this. Mike "Mish" Shedlock Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management.

Balance Sheet 28

Balance Sheet Engineering Financial Management 28

MishTalk

NOVEMBER 6, 2014

Having already cut interest rates to record lows and saying they can go no lower, Draghi is now focused on boosting the ECB’s balance sheet. We are quite confident that the impact on our balance sheet size will be adequate, will be significant, will be sizable,” Draghi said. trillion] more than the current level.

Balance Sheet 69

Balance Sheet Banking Government Policies 69

MishTalk

OCTOBER 6, 2015

Central Bank Policy Rates Current Rates Bank of England: 0.50% Bank of Japan: 0.10% Fed: 0.00%-0.25% (currently 0.14%) ECB: 0.05% Central Bank Balance Sheets Three Questions Other than asset bubbles, what do we have to show for this? When do asset sheet balances approaching 100% of GDP matter?

Balance Sheet 28

Balance Sheet Banking Policies Marketing 28

Tom Spencer

OCTOBER 13, 2023

A higher ratio of fee income implies less traditional credit risk and less balance sheet usage (therefore higher ROE) but also implies greater market risk related to securities portfolios and potentially higher revenue volatility related to volatility in capital markets.

Metrics 88

Metrics Banking Balance Sheet Efficiency 88

Tom Spencer

NOVEMBER 27, 2011

Over the last few decades, countless risky financial products were sold to investors using harmless sounding terms like “credit default swap”, “mortgage backed security”, “special purpose vehicle” and “off-balance sheet financing”.

Balance Sheet 89

Balance Sheet Consulting Case Interview Financial 89

MishTalk

FEBRUARY 16, 2014

bolivare-per-USD rate, thus the near-$300 million charge P&G now expects to incur on its third quarter balance sheet. Venezuela uses a de-facto dual-exchange rate system, but policy changes recently enacted by the Venezuelan government are affecting the way that certain imports — i.e, certain P&G products — are exchanged.

Balance Sheet 77

Balance Sheet Productivity Sales Policies 77

MishTalk

JULY 8, 2017

At the Fed, the debate is over normalization of the balance sheet. The ECB is still addicted to a balance sheet build-up. In contrast, the ECB is still addicted to a balance sheet build-up. The Fed has already finished tapering. more…).

Balance Sheet 48

Balance Sheet Policies 48

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 For example, he notes $31.5

Balance Sheet 28

Balance Sheet Report Exercises Analysis 28

Tom Spencer

SEPTEMBER 19, 2020

If the firms don’t have a strong balance sheet, if they foresee a potential cash flow problem, or if they have clients in particularly hard hit industries, I’d be concerned. Today, not so much. The mid-size or smaller consulting firms may not have the same level of resources. Their clients are going to be hurting as well.

Consulting 103

Consulting Balance Sheet Cash Flow Real Estate 103

Successful Independent Consulting

MARCH 31, 2020

You’ll need to provide evidence of your qualifying status, such as 1099-MISC tax forms from your clients, and accounting statements like an income statement and/or balance sheet. Your loan amount will be based on your average monthly income, but it will be capped at $100,000 annually or $8,333 monthly. x average monthly income).

Cash Flow 248

Cash Flow Consulting Small Business Insurance 248

MishTalk

MAY 20, 2014

Yesterday, former fed chair Ben Bernanke said " No Need for Fed to Shrink Balance Sheet ". The Federal Reserve does not need to shrink its $4 trillion-plus balance sheet by even "a dime" for it to normalize monetary policy when the time comes, former Fed Chair Ben Bernanke said on Monday.

Balance Sheet 59

Balance Sheet Strategy& Strategy Strategy 59

MishTalk

AUGUST 8, 2013

In Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation? Fed Balance Sheet vs. Stock Market. I posted an interesting chart by reader Tim Wallace of the stock market vs. Fed asset holding (repeated below for convenience). What about foreign central bank assets, especially China and Japan?

Balance Sheet 74

Balance Sheet Banking Marketing Report 74

MishTalk

OCTOBER 26, 2014

The results of the ECB’s examination of balance sheets worth €22tn, known as the Asset Quality Review, will require the 130 lenders who took part in the exercise to adjust the value of their assets in their accounts or prudential requirements. The 130 banks account for 81.6 per cent of all eurozone assets.

Balance Sheet 75

Balance Sheet Banking Exercises Report 75