CFO News Room

JANUARY 7, 2023

In my last post, I talked about the ritual that I go through every year ahead of my teaching each spring, and in this one, I will start on the first of a series of posts that I make at the start of each year, where I look at data, both macro and company-level. That is not true!

Marketing 130

Marketing Valuation Corporate Finance Financial Analysis 130

Musings on Markets

JANUARY 27, 2021

In my last post , I described the wild ride that the price of risk took in 2020, with equity risk premiums and default spreads initially sky rocketing, as the virus led to global economic shutdowns, and then just as abruptly dropping back to pre-crisis levels over the course of the year. against developed market currencies.

Currencies 52

Currencies Investments Marketing Treasury 52

Musings on Markets

JANUARY 9, 2021

I spent the first week of 2021 in the same way that I have spent the first week of every year since 1995, collecting data on publicly traded companies and analyzing how they navigated the cross currents of the prior year, both in operating and market value terms. So, why bother?

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

Musings on Markets

FEBRUARY 27, 2023

An Optimizing Tool In my second and third data posts for this year, I chronicled the effects of rising interest rates and risk premiums on costs of equity and capital. Furthermore, do they optimize they debt ratios to deliver the lowest hurdle rates. Do companies optimize financing mix?

Corporate Finance 52

Corporate Finance Finance Marketing Leverage 52

Musings on Markets

JANUARY 20, 2021

Source: BofA ML Spreads on Federal Reserve (FRED) The default spreads at the end of 2020 are at the low end of the historical spectrum, and the contrast with the 2008 crisis is stark, since default spread surged in the last quarter of 2008 and did not come back down to pre-crisis levels until almost two years later.

Treasury 52

Treasury Investments Valuation Hurdle Rate 52

Musings on Markets

JANUARY 6, 2023

In my last post, I talked about the ritual that I go through every year ahead of my teaching each spring, and in this one, I will start on the first of a series of posts that I make at the start of each year, where I look at data, both macro and company-level. Data: Trickle to a Flood! Data: Trickle to a Flood! That is not true!

Valuation 52

Valuation Corporate Finance Financial Analysis Leverage 52

Barry Ritholtz

NOVEMBER 8, 2022

RITHOLTZ: Fred Schwed, right? Is that who wrote the — CHANCELLOR: Fred Schwed. But then I suppose difference between Bernanke and me is that Bernanke has a sort of abstract view of economics, whilst I try and look at what’s going on in the real financial world. Essentially, that’s what interest rates allow.

Valuation 57

Valuation Finance Investments Banking 57