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Yes, Cash Flow is Important

Martinka Consulting

In the March 2014 edition of Mergers & Acquisition magazine there was a quote that compared public companies and Private Equity Groups. For PE firms, cash flow, EBITDA, and low cap ex are very important.” Cash flow – one of my rules for both business buyers and sellers is, “Cash (and cash flow) is King.”

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Greece Will Default in May Without Another Bailout or Change in Terms

MishTalk

Cash flow analysis shows Greece is in serious trouble again in spite of having a current account surplus. Greece Bailout Cash Flow Even this game is in trouble now as Greek Cash Flow Charts show. The total payments due in 2014 are €31.6bn. I use the words "will default" imprecisely. It didn’t.

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Interest Rates Lower; Business Prices Higher

Martinka Consulting

June 2014 , Mergers & Acquisitions magazine has an article titled “Loosening Up” that discusses how intense competition has forced lenders to be more aggressive on pricing (lower) and have covenant-lite loans. or 4, times cash flow” won’t get the deal when the bank will lend that amount or more. (As

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We Tracked Every Dollar 235 U.S. Households Spent for a Year, and Found Widespread Financial Vulnerability

Harvard Business

The lack of access to stable, predictable cash flows is the hard-to-see source of much of today’s economic insecurity. Financial Diaries (USFD), an unprecedented study to collect detailed cash flow data for U.S. From 2012 to 2014 we set up research sites in 10 communities across the country. households.

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Time to Short the US Dollar? Go Long Commodities?

MishTalk

The headline call was and remains that Germany will be close to recession by Q4-2014 or Q1-2015 setting up a desperate ECB and a Europe once again close to zero growth instead of the “escape velocity” everyone and their dog promised you and me in December and January. The US average GDP the last five years has been 2.0%.

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Imagination Sets In

MishTalk

Annual Update Between the end of 2007 and end of 2014, pension plan assets rose from $3.29 S&P 500 2007-12-31 to 2014-12-31 In the same timeframe, the S&P 500 rose from 1489.36 The National Association of State Retirement Administrators ( NASRA ) provides this grim-looking annual picture. trillion to $3.71 to 8.25% per year!

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"Stock Market Is Overvalued By 100%" Says John Hussman in Chris Martenson Interview; Financial Repression Revisited

MishTalk

A stock, in fact any security, is a claim on any long-term stream of cash flows that investors can expect to be delivered to them over a very long period of time. It''s essentially the effective life of a security over which you are collecting cash flows in return for the amount you pay.