Posts Tagged ‘low’

Leveraged Loans defined:

“…arranged by a syndicate of banks, to companies that are heavily indebted or have weak credit ratings.” -IMF

“…are effectively provided to companies already swimming in debt.” -Nomi Prins

“That was all good and well when interest rates were super low, making it easier for companies to borrow oodles of money,”

“This year, leveraged loan issuance reached an annual rate of $745 billion. That’s nearly the same as the prior record of $762 billion in 2007 before the financial crisis and just a bit less than last year’s record of $788 billion globally.”

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“It’s EZ credit that is the linchpin in today’s fake-money system.

The Deep State’s stocks, bonds, and real estate values… not to mention its careers, incomes, and reputations… depend on it.

And it is made possible by the China trade… by Chinese workers who put in long hours in miserable conditions in order to stock the shelves of Walmart with cheap goods… by Chinese manufacturers who undersell their competitors to keep consumer price inflation in the U.S. at low levels… and by Bank of China, which holds some $1.25 trillion worth of U.S. bonds… thus propping up the whole wobbly capital structure….

In politics and economics, BS is all there is. The calculations are almost always fake; the statistics are quackery; the theories are devilish nonsense. And bad ideas never entirely disappear, they just re-emerge after a few years… often dressed in new duds.”

-Bill Bonner

Opinionated

Posted: January 31, 2018 in Thought for the Day
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“Nobody holds a good opinion of a man who holds a low opinion of himself.” -Unknown

“We make hundreds of thousands of decisions in a life time. There are low significance decisions made daily without putting our life style in jeopardy. But, there are many important decisions that we are typically not equipped to make….  Decisions of high significance need to be right.  All too often addiction, emotion, and intuition, among others, take over and cloud decision judgment when other more rational judgment bases are appropriate.” -Hal Mooz

Expect

Posted: May 24, 2017 in Thought for the Day
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“No one rises to low expectations.” -Les Brown