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Reader Question on Banking System Insolvency, QE, and "Necessity"

MishTalk

reader Dave, a friend, noted that as the Fed jacked up its balance sheet, velocity has mirrored the curve to the downside. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.' In response to Will Prices Rise Significantly When Velocity of Money Picks Up?

Banking 76
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New Tools! More Pure Bank Profit!

MishTalk

Inquiring minds are monitoring the Fed''s Balance Sheet. One more week like this and the FED balance sheet will be $1 trillion more than last year at this time. It’s designed to help policy makers -- buying $85 billion of bonds a month -- siphon off excess cash in the banking system when they begin to tighten policy.

Tools 76
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The Challenges of Buying (and Selling) a Business

Martinka Consulting

This is a project-based business and work in process was not being recorded on the balance sheet. This means have a good accounting system and pay attention to it. The abovementioned buyer bought a good business that didn’t follow normal accounting practices (not even GAAP, just normal). I could go on but you get the point.

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Beware of Incomplete Information

Martinka Consulting

.” She deciphered this by looking at the third quarter P&L and an October 23 balance sheet. ” Sure enough, the company’s job system and accounting system only sync at the end of the month so the drop in net income, as per the mid-month balance sheet, was fiction.

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5 Ways Your Data Strategy Can Fail

Harvard Business

Paradoxically, “data” appear everywhere but on the balance sheet and income statement. The data is scattered in silos — stuck in departmental systems that don’t talk well with one another, the quality is poor , and the associated costs are high. Except for very few, this hasn’t happened.

Data 37
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Two-Week Price Inflation in Argentina hits 30%, US Products Lead the Way; Currency Devaluations Hit P&G Earnings

MishTalk

Venezuela uses a de-facto dual-exchange rate system, but policy changes recently enacted by the Venezuelan government are affecting the way that certain imports — i.e, bolivare-per-USD rate, thus the near-$300 million charge P&G now expects to incur on its third quarter balance sheet. bolivares per one U.S.

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Pettis on Strains in China's Banking System; Avoiding the Fall

MishTalk

Next year will be a very important year for China because possible strains in the banking system and the intensity with which the reformers present their case will give us a better sense both of how much debt capacity the country retains and of how well positioned Xi Jinping and his allies are to implement the needed reforms.

Banking 71