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$550 Billion Energy Junk Bond Bubble Busts; "Whac-A-Mole" Distortions in Multiple Markets

MishTalk

Energy production is extremely capital intense, and often accompanied by negative free cash flow. Energy investment added to GDP since 2010, with $550 billion in bond and loan offerings. CJES), postponed financings this month as sentiment soured. Energy will now have a negative impact on GDP as funding dries up.

Energy 78
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What GE’s Board Could Have Done Differently

Harvard Business

Since Immelt’s departure, GE’s stock is down another 30%, as its new CEO, John Flannery, has struggled to cope with the cash flow drain from years of problematic acquisitions, divestitures, and buybacks. The Board Had No Finance Committee. in 2013 to 3.7 in early 2018, according to Moody’s.

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Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. ” It’s worth observing that the 10-year Treasury yield is also well above the weighted average interest rate since 2010 (weighting by the quantity of Fed purchases), which means that the Fed is underwater on its holdings. 2010-03-12 - Mish with Marc Faber.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

Chicago finances are even worse than I thought which is saying quite a bit because I have written about the sorry state of Chicago finances on numerous occasion. Many of these uses of bond proceeds are not eligible for tax-exempt financing under the federal tax code." Who Is Kristi Culpepper? You should be.

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How to Become a Successful Freelancer

Harvard Business

“It takes time to get a consistent cash flow going. Find an accountant who can help you set up your finances and make tax filing easier. In 2010 she left her position to “look for that dream job.” Principles to Remember. Make sure your network includes fellow freelancers.

How To 28
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Stop Focusing on Profitability and Go for Growth

Harvard Business

Global capital balances more than doubled between 1990 and 2010 — from $220 trillion (about 6.5 So, in real terms, debt financing is essentially free. Equity cash flows, in turn, are a function of a company’s long-term return on equity (ROE), growth, and the value of shareholders’ equity on its books.