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

Tom Spencer

JULY 7, 2023

I was assigned to a typical strategy engagement – should client X selling product Y increase sales in market Z? Our analysis was impossible without extensive internal data and financial statements. We repeated our request a week later, but they only provided a balance sheet from the previous year.

Data 78

Data Consulting Balance Sheet Analysis 78

Harvard Business

FEBRUARY 26, 2018

Why do investors react negatively to financial statement losses for an industrial firm but disregard such losses for a digital firm? 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.

Financial 28

Financial Balance Sheet Company Report 28

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 60

Balance Sheet Strategy Strategy Strategy& 60

Tom Spencer

SEPTEMBER 19, 2020

The travel and hospitality industries have been decimated, stock markets around the world have tanked, and governments struggle to combat this devil on so many fronts. During the dotcom bubble, the financial crisis, and the real estate bubble, what did consulting firms do? Commerce has ground to a halt. Today, not so much.

Consulting 103

Consulting Balance Sheet Cash Flow Real Estate 103

Tom Spencer

OCTOBER 26, 2019

Many consulting, corporate strategy, and corporate development roles require the interviewee to go through an M&A case study. Depending on the firm and specific role this case could be very strategic and operational like doing a market entry/growth-type case or very technical (i.e. Potential Drawbacks. Conclusion.

Balance Sheet 60

Balance Sheet Case Interview Case Study Case Studies 60

Tom Spencer

NOVEMBER 25, 2011

Germany is one of the most financially stable countries in the Euro-zone, so its failure to sell all of its Bunds is worth examining. Thirdly, European banks are currently focused on building their balance sheets not on lending. While Bunds may still smell sweet, weak financial markets in Europe are a cause for concern.

Balance Sheet 89

Balance Sheet Banking Financial Case Interview 89

Consultant Ninja

MARCH 31, 2009

A Simple Question about the Credit Markets. 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. But wouldnt that be a better market result than letting the sick banks keep their share?

Balance Sheet 100

Balance Sheet Marketing Banking Consulting 100

MishTalk

AUGUST 6, 2013

Minyanville Business and Market News. Balanced Budget Ammendment Sign the Balanced Budget Petition. China Financial Markets. Financial Sense. Market Oracle. Market Ticker. Real Clear Markets. Reader Question: Does the Fed Balance Sheet Properly Reflect QE Announcements?

Balance Sheet 68

Balance Sheet Analysis Trends Real Estate 68

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. Privatize the Gains, Socialize the Losses Last time, Tim Geithner preached to Congress that financial Armageddon was right around the corner if Congress failed to pass a resuce package.

Banking 76

Banking Balance Sheet System Financial 76

MishTalk

MARCH 19, 2014

Adair Turner, former Chairman of the United Kingdom’s Financial Services Authority, and current member of the UK’s Financial Policy Committee and the House of Lords proposes a need to Rethink the Monetization Taboo. The Fed’s tapering merely slows the growth of its balance sheet.

Balance Sheet 68

Balance Sheet Banking Government Policies 68

MishTalk

SEPTEMBER 4, 2014

Draghi Has it Backwards A director at a global financial company with offices worldwide pinged me in response to my post ECB''s €40bn Stimulus Gamble: ECB Pulls Out Bazooka, Cuts Rates, Buys Assets; Will this Stimulate Lending? An increase in the ECB''s balance sheet to that size would imply something on the order of one trillion euros.

Balance Sheet 76

Balance Sheet Real Estate Banking Operations 76

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 70

Balance Sheet Banking Government Policies 70

MishTalk

DECEMBER 23, 2013

An exceptional bid by China’s central bank to curb soaring interest rates and relieve pressure on the financial system appeared to have come up short on Monday, as Chinese money market rates shrugged off the measure and continued to approach the crisis levels seen in June. Don''t worry. There isn''t a cash crunch because China says so.

Balance Sheet 76

Balance Sheet Banking Benchmarking Financial 76

MishTalk

DECEMBER 26, 2013

China''s Move to Market-Set Rates Let''s step back to December 8 and look at China Relaxes Grip on Interest Rates China is relaxing its grip on interest rates with the launch of a financial instrument that allows banks to trade deposits with each other at market-determined prices. China’s credit boom is still in full swing.

Balance Sheet 67

Balance Sheet Marketing Banking Financial 67

Martinka Consulting

MAY 4, 2018

Have solid financial systems and accurate financial statements. One of the first things I do when I see financial statements is check if the year-to-date income on the P&L is the same as the year-to-date income on the balance sheet. You’d be surprised how often it isn’t the same.). Conclusion.

Balance Sheet 53

Balance Sheet Financial Industry System 53

Martinka Consulting

APRIL 19, 2016

His primary motivation was he’s burned out and the driving force for the burn out is 2015 was not a good year financially. His balance sheet is a mess. One that struck me is something I see every so often and it’s marketing expense. Sales were down from 2014 and expenses were up.

Balance Sheet 40

Balance Sheet Advertising Sales Banking 40

MishTalk

JUNE 26, 2013

Minyanville Business and Market News. Balanced Budget Ammendment Sign the Balanced Budget Petition. China Financial Markets. Financial Sense. Market Oracle. Market Ticker. Real Clear Markets. Draghi Announces ECB Exit From Easing Remains Far Off; Think the Fed Has an Exit Strategy?

Balance Sheet 68

Balance Sheet Real Estate Financial Advertising 68

MishTalk

NOVEMBER 20, 2013

Banks; Global Financial System is Bankrupt. The effects of a system that ''encourages excessive financial leverage''. trillion balance sheet is leveraged nearly 49-to-1. As a group, these three banks have some €4 trillion in assets on their balance sheets, supported by €129.3 By contrast, J.P. Paris, France.

Balance Sheet 78

Balance Sheet Banking Financial Finance 78

Harvard Business

OCTOBER 31, 2017

The market panicked. Many other financial firms including AIG, Fannie Mae, and Freddie Mac needed bail outs. It may feel as though the financial system hasn’t changed much in the decade since the downturn, but it has. Defaults on subprime mortgage loans mounted. There was a run on British bank Northern Rock.

Banking 28

Banking Balance Sheet Financial Finance 28

MishTalk

JULY 11, 2014

The BIS slam, coupled with a recent stock market selloff, brought up debate on a " controlled collapse ". Financial fluctuations (“financial cycles”) that can end in banking crises such as the recent one last much longer than business cycles. Yet financial cycles can go largely undetected.

Balance Sheet 74

Balance Sheet Financial Banking Policies 74

Martinka Consulting

MARCH 5, 2021

The title is the theme of the book with each chapter being a deal tip or strategy (and it’s available on Amazon). Have a strong balance sheet. Have accurate and consistent financial statements (this often means don’t blend your business and personal checkbooks). Put a lot of time in on the non-financial factors.

Balance Sheet 40

Balance Sheet Cash Flow Financial Education 40

MishTalk

MARCH 24, 2014

I have to admit (time and time again actually), that this market has gone further, faster, than I thought possible. Over Next Seven Years, Market Will have Negative Returns" I strongly encourage you to read an interview of Jeremy Grantham, by Stephen Gandel, senior editor of Fortune : The Fed is Killing the Recovery. Grantham : No.

Marketing 70

Marketing Balance Sheet Interviews Benchmarking 70

MishTalk

JANUARY 16, 2014

Ignazio Angeloni, who is head of the ECB’s financial stability directorate, said in Frankfurt “ We’ve got a feasible but safe capital cushion of 8 percent. What looked like was going to be a strict stance of the European Central Bank (ECB) regarding sovereign debt portfolios of financial institutions, is not so.

Balance Sheet 74

Balance Sheet Banking Exercises Financial 74

MishTalk

DECEMBER 26, 2015

The total debt of households, non-financial enterprises and the general government sector as a share of GDP is higher now than it was at the beginning of the GFC. Japan has failed to achieve a sustained positive rate of inflation since its great financial crash in 1990. The bank of Japan is now the entire market for Japanese debt.

Balance Sheet 28

Balance Sheet Banking Policies Financial 28

MishTalk

APRIL 12, 2015

Before the financial crisis, when Alan Greenspan, then chairman of the Fed, was insisting all was well with the banks, one Fed governor, the late Edward Gramlich, warned of mounting risks. The Global Capital Index illustrates how financial resiliency is still sorely lacking,” Vice Chairman Hoenig said. He was ignored.

Banking 28

Banking Balance Sheet Insurance Insurance 28

MishTalk

DECEMBER 24, 2013

Wolf Richter at the Testosterone Pit commented on Gagging Doubt: French Crackdown On French And American Bloggers Who Question Megabank Balance Sheets The France''s Financial Markets Authority (AMF) announced on Nov. How are we to even know?

Balance Sheet 76

Balance Sheet Banking Financial Journal 76

MishTalk

OCTOBER 21, 2014

From this perspective of the bond market, Europe has become Japan. I read the most extraordinary thing in the Financial Times the other day. Two days ago, I wrote Challenge to Keynesians "Prove Rising Prices Provide an Overall Economic Benefit " also in response to an article in the Financial Times. Dark cloud?

Conference 69

Conference Video Policies Balance Sheet 69

MishTalk

MAY 19, 2014

The current cycle could see the default rate move lower still given the scope of deleveraging that followed the financial crisis and Great Recession. Corporate balance sheets are in excellent shape, and there is still an ample cash cushion available to fund operations in the event of a growth setback. What about rising rates?

Balance Sheet 64

Balance Sheet Operations Banking Policies 64

MishTalk

APRIL 17, 2015

Bernanke also made the case in his presentation for keeping the Fed’s balance sheet big in the aftermath of the financial crisis. [Is Most other major central banks have permanently large balance sheets and are able to implement monetary policy without problems,” he said. [And pray tell, what credibility is that?]

Balance Sheet 28

Balance Sheet Conference Banking Video 28

MishTalk

SEPTEMBER 18, 2014

Lending Spree Short of Expectations Today the Financial Times reports ECB’s Lending Spree Short of Expectations. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Balance Sheet 66

Balance Sheet Banking Operations Policies 66

Harvard Business

MARCH 30, 2017

In it, the authors, both sociologists, made a compelling argument that, to understand labor market outcomes like inequality, it wasn’t enough to look at the supply and demand for individuals’ skills. However, any discussion of firms and wage inequality must not be limited to discussion of market forces. Related Video.

Marketing 28

Marketing Balance Sheet System Training 28

MishTalk

NOVEMBER 27, 2013

Draghiz e: "The test is credible because the ultimate purpose of it is to restore or strengthen private sector confidence in the soundness of the banks, in the quality of their balance sheets" Mish : The test is credible because we say it is.

Balance Sheet 66

Balance Sheet Exercises Banking Government 66

Harvard Business

NOVEMBER 22, 2016

The financial services firm USAA prizes its relationships with customers and consistently earns the highest customer loyalty scores in the industry for both its U.S. In the past, marketers have struggled to deliver the higher response rates they need from existing customers — a smaller group than potential new customers.

Balance Sheet 28

Balance Sheet Insurance Insurance Data 28

MishTalk

SEPTEMBER 8, 2014

Lending Club is an online financial community that brings together creditworthy borrowers and savvy investors so that both can benefit financially. This takes, in round numbers, all of the risk out of Lending Club''s balance sheet. Cheap, easy loans contributed to the housing bubble and a near financial collapse.

Banking 74

Banking Balance Sheet Financial Operations 74

MishTalk

DECEMBER 18, 2013

The Financial Times notes a Big rise in subordinated debt issuance by EU banks Banks have taken advantage of yield-chasing investors to issue $90.7bn of subordinated debt for the year to date, a 41 per cent increase compared to the same period in 2012. Also consider "stress tests".

Banking 71

Banking Balance Sheet Finance Government 71

MishTalk

FEBRUARY 6, 2014

The eurozone is doing so by accident, letting market forces drain liquidity from the financial system for month after month. The ECB balance sheet has plummeted to 23pc of eurozone GDP from a peak of 32pc in July 2012. The US and China are withdrawing stimulus on purpose.

Balance Sheet 72

Balance Sheet Banking Retail Policies 72