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Central Bank Balance Sheets: What Will They Look Like in 2016-2017?

MishTalk

Reader Gary emailed a link to JP Morgan's Quarterly Market Guide. 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?

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Why Financial Statements Don’t Work for Digital Companies

Harvard Business

In the 2016 book The End of Accounting , NYU Stern Professor Baruch Lev claimed that over the last 100 years or so, financial reports have become less useful in capital market decisions. This becomes clear when you look at a company’s two most important financial statements: the balance sheet and the income statement.

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Rate Hike Cycles, Gold, and the “Rule of Total Morons”

MishTalk

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.

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Rate Hike Cycles, Gold, and the “Rule of Total Morons”

MishTalk

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.

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How the Great Recession Changed Banking

Harvard Business

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.

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Coastal Cities Are Increasingly Vulnerable, and So Is the Economy that Relies on Them

Harvard Business

.” GreenBiz founder Joel Makower defines a stranded asset as “a financial term that describes something that has become obsolete or nonperforming well ahead of its useful life, and must be recorded on a company’s balance sheet as a loss of profit.” Value is in the eyes of the buyer… until its not.

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Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business

In June 2017 the board “retired” Immelt and promoted John Flannery to CEO. During Immelt’s tenure, GE’s stock market value fell by about half. So far in 2017, GE is the worst-performing stock on the Dow Jones Industrial Average. Innovation at GE was on a roll. Then it wasn’t. Comstock is out.