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Equity Research: Understanding the Role of Stock Analysts

Tom Spencer

Equity research is a vital function within the investment industry that helps investors make informed decisions about buying, holding, or selling stocks. The researcher also makes recommendations on whether a stock is a “buy,” “hold,” or “sell” based on their analysis.

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Overcoming Data Collection Challenges in Consulting

Tom Spencer

We repeated our request a week later, but they only provided a balance sheet from the previous year. For example, instead of asking for the average payroll for each department over time, ask for a representative current salary of an employee in each department: sales, operations, finance.

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The Importance of Business Acumen for High Performance

LSA Global

It is not just the purview of finance to interpret the numbers that govern profit and loss; it behooves every employee to understand how and why the company makes money, spends money, and measures financial performance. Take a financial acumen course , do online research, or invest in a textbook on the subject. Study the Balance Sheet.

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Government About to Destroy American Mortgages Permanently Warns Dick Bove; Mish Says Nonsense

MishTalk

Finance reports Government About to Destroy American Mortgages Permanently. Mortgages as we know them are going away in the next four years, warns Dick Bove, vice president of research at Rafferty Capital. Citing Dick Bove, Yahoo!Finance And we won''t have fixed-rate mortgages."

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How the Great Recession Changed Banking

Harvard Business

That strengthened investment banks’ balance sheets by forcing them to scale back and to change the nature of the risks they take. As a result, their balance sheets are half as large on a risk-adjusted basis, and the capital they hold against trading positions has doubled over the past decade, our research shows.

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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

Historical evidence shows that this rarely happens following a balance sheet recession. In addition, official statistics may underestimate intangible investment (spending on research and development, training, etc), which has been gaining importance in serviced-based economies. Financial cycles differ from business cycles.

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Persistent Overoptimism Three Ways: Truckers, Fed Economists, Manufacturers

MishTalk

A possible explanation for the SEP’s prediction of a rapid catch-up to potential GDP after 2009 is that participants overestimated the efficacy of monetary policy in the aftermath of a so-called balance-sheet recession. Research shows that people tend to use simple forecast rules that extrapolate from recent data (Williams 2013).