Vish_ram Posted December 4, 2014 Share Posted December 4, 2014 When ever I view the cash flow statement of large companies, I'm stunned by the amount of debt issuance to buy back shares. (look at AMGN) I made a graph of non-corp debt to GDP. http://research.stlouisfed.org/fred2/graph/fredgraph.png?g=TeJ How will this end? Link to comment Share on other sites More sharing options...
yadayada Posted December 4, 2014 Share Posted December 4, 2014 I think a lot of companies have revenues overseas since then. That is not counted in GDP I think. Link to comment Share on other sites More sharing options...
JEast Posted December 5, 2014 Author Share Posted December 5, 2014 Well, that escalated rather quickly. As the ¥en moved above USD/JPY level of 120 are my fellow board members still in the camp of not to worry/care about the USD/JPY relationship. I am still in the camp that the rest of Asia will follow sooner rather than later (look at AUD as an example) and deportation on non-inflationary forces will continue. For USD investors, there should be some nice Asian value opportunities in 2015. Cheers JEast Link to comment Share on other sites More sharing options...
rmitz Posted December 6, 2014 Share Posted December 6, 2014 When ever I view the cash flow statement of large companies, I'm stunned by the amount of debt issuance to buy back shares. (look at AMGN) I made a graph of non-corp debt to GDP. http://research.stlouisfed.org/fred2/graph/fredgraph.png?g=TeJ How will this end? With Taxes, probably. Link to comment Share on other sites More sharing options...
ERICOPOLY Posted December 6, 2014 Share Posted December 6, 2014 When ever I view the cash flow statement of large companies, I'm stunned by the amount of debt issuance to buy back shares. (look at AMGN) I made a graph of non-corp debt to GDP. http://research.stlouisfed.org/fred2/graph/fredgraph.png?g=TeJ How will this end? With Taxes, probably. Are they borrowing against their foreign cash reserves to avoid getting hit by bringing foreign earnings onshore? Link to comment Share on other sites More sharing options...
JEast Posted December 10, 2014 Author Share Posted December 10, 2014 Some thought provoking comments from BoA. Bank of America said 56pc of global GDP is currently supported by zero interest rates, and so are 83pc of the free-floating equities on global bourses. Half of all government bonds in the world yield less that 1pc. Roughly 1.4bn people are experiencing negative rates in one form or another. In addition, they not surprisingly see $50 oil. http://www.telegraph.co.uk/finance/oilprices/11283875/Bank-of-America-sees-50-oil-as-Opec-dies.html Cheers JEast Link to comment Share on other sites More sharing options...
saltybit Posted December 11, 2014 Share Posted December 11, 2014 S&P 500 Company Sales Are Accelerating And Margins Are Expanding Link to comment Share on other sites More sharing options...
JEast Posted December 11, 2014 Author Share Posted December 11, 2014 S&P 500 Company Sales Are Accelerating And Margins Are Expanding Don't tell/show Jeremy Grantham the data. Link to comment Share on other sites More sharing options...
peter1234 Posted December 11, 2014 Share Posted December 11, 2014 S&P 500 Company Sales Are Accelerating And Margins Are Expanding Thanks, these are interesting charts. Link to comment Share on other sites More sharing options...
wisdom Posted March 6, 2015 Share Posted March 6, 2015 http://business.financialpost.com/2015/03/06/only-mass-default-will-end-the-worlds-addiction-to-debt/ A good read. Link to comment Share on other sites More sharing options...
petec Posted August 30, 2017 Share Posted August 30, 2017 Interesting chart on p1 and p1-9 has some good commentary on 1969 and 1999, when money creation drove stock bubbles and - later - commodity prices. http://www.gorozen.com/static/assets/pdf/ql/GRAQuarterlyLetter2Q2017.pdf Link to comment Share on other sites More sharing options...
Williams406 Posted August 30, 2017 Share Posted August 30, 2017 Petec, Thank you for posting that doc. Link to comment Share on other sites More sharing options...
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