Musings on Markets

OCTOBER 4, 2023

While the rise in treasury rates has been less dramatic this year, rates have continued to rise across the term structure: US Treasury While short term rates rose sharply in the first half of the year, and long term rates stabilized, the third quarter has sen a reversal, with short term rates now stabilizing and long term rates rising.

Marketing 106

Marketing Treasury Valuation Investments 106

Musings on Markets

JULY 17, 2023

In my third post at the start of 2023, I looked at US treasuries, the long-touted haven of safety for investors. In 2022, they were in the eye on the storm, with the ten-year US treasury bond depreciating in price by more than 19% during the year, the worst year for US treasury returns in a century.

Marketing 96

Marketing Treasury Currencies Valuation 96

PYMNTS

DECEMBER 14, 2020

At a time when our nation’s secrets at the NSA and Homeland Security and assets at the Department of the Treasury were able to be illicitly tapped into by foreign hackers, the security and reliability of countless other online industries and enterprises have also been brought into question.

Securities 77

Securities Concentration Economics Transportation 77

Global Finance

OCTOBER 11, 2024

in 2022, according to the International Monetary Fund’s July World Economic Outlook 2024. The US Federal Deposit Insurance Corporation’s quick response to the banks’ failures stemmed additional contagion and has left businesses with an object lesson in concentration risk.

Banking 107

Banking Foreign Exchange Profit and Loss Finance 107

Barry Ritholtz

JANUARY 8, 2024

550bps increases in the Federal Funds rate from March 2022 through July 2023 – and its long and variable lags – continues to exert a drag on the economy, which could lead to further economic contraction. Banks hold over $3 trillion in CRE; Unrealized losses on Treasuries and mortgages are about $684bn (Source: Torsten Slok, Apollo).

Forecasting 132

Forecasting Concentration Marketing Construction 132

PYMNTS

MARCH 20, 2020

The idea of hunkering at home means that at least some economic activity shifts online. The coronavirus crisis has caused a swift slowdown in economic activity across the U.S. Amazon Effect Cooled (Somewhat): Amazon is concentrating on selling and shipping coronavirus-related products like household staples and medical supplies.

Concentration 52

Concentration Prioritization Economics Startups 52

Musings on Markets

MARCH 19, 2022

As the world's attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

Economics 100

Economics Valuation Treasury Forecasting 100

Future CFO

JANUARY 10, 2024

A look back at 2023 and it becomes clear that persistent challenges were the norm for much of the year – be it in the form of social, geopolitical or economic. Insolvency in Asia The Allianz Research paper, Global Economic Outlook 2023-25 , notes that businesses face declining demand and higher costs while pricing power is fading.

Forecasting 52

Forecasting Concentration Economics Risk Management 52

Musings on Markets

MAY 5, 2023

After every banking crisis, new rules are put into place to reduce or minimize these risks to the economic system, but in spite of these rules or sometimes because of them, there are new crisis. The first is the duration of these securities , relative to the duration of the deposit base, with a greater mismatch associated with more risk.

Banking 78

Banking Profit and Loss Securities Investments 78

CFO Leadership

AUGUST 12, 2021

She also led the Treasury Tax initiative at Google. She has extensive public speaking, general finance, capital markets, treasury, and tax experience. Kim Ngyuen came to the US from Vietnam to further her education and obtained her MBA with a concentration in Accounting at Albertus Magnus College. Denye received his B.A.

Leadership 98

Leadership CFO Financial Planning and Analysis (FP&A) Finance 98

Global Finance

JULY 26, 2024

Latin American firms are also increasingly looking to banking partners for both liquidity provision and treasury services. Citi , our Best Bank for Long-Term Liquidity Management, offers cash concentration and pooling that lets clients optimize idle cash across subsidiaries for better returns.

Cash Management 52

Cash Management Treasury Foreign Exchange Concentration 52

PYMNTS

JANUARY 11, 2018

That means a slowdown in trade finance operations – and economic struggles aren’t the only factor behind this trend. As such, often importers and exporters are equally exposed to currency volatility and wider economic uncertainty.” percent in 2016. Citing research from U.K. ” “The U.S. ”

Finance 50

Finance Foreign Exchange Concentration Currencies 50

PYMNTS

JULY 26, 2017

When it is running well, it powers tremendous growth and economic prosperity for consumers, businesses and communities across the country,” said Keith A. But the Spring 2017 report reveals news of threats that are just beginning to flare up. The federal banking system is, and should be, a source of strength for the nation and its economy.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

MARCH 10, 2016

Nearly three-quarters of the companies surveyed by iGTB said that they experience a lack of integration of their treasury management or ERP systems with the banking solutions offered by their banks — a statistic Cantor deemed “outrageous.”. This customer segment also expressed a lack of liquidity management services from their banks, too.

Banking 41

Banking Concentration Treasury Cash Management 41

Musings on Markets

AUGUST 15, 2023

During 2022, the US treasury did not default, but an investor in a 10-year US treasury bond would have earned a return of -18% on his or her investment, as bond prices dropped. and how much to hold in investments with guaranteed returns over their time horizon (cash, treasury bill and treasury bonds).

Investments 83

Investments Currencies Treasury Hurdle Rate 83

Global Finance

JULY 25, 2024

Mark Monaco, head of Global Payments Solutions at Bank of America (BofA), explains the importance of payments, instant data and communication for effective treasury. GF: Do you think interest rates have peaked, and are corporate treasuries better positioned to react when new challenges arise?

Treasury 52

Treasury Analyzing Data Concentration Forecasting 52

Global Finance

JULY 25, 2024

Mark Monaco, head of Global Payments Solutions at Bank of America (BofA), explains the importance of payments, instant data and communication for effective treasury. GF: Do you think interest rates have peaked, and are corporate treasuries better positioned to react when new challenges arise?

Treasury 52

Treasury Analyzing Data Concentration Forecasting 52

Musings on Markets

DECEMBER 2, 2020

Setting the Table As with any valuation, the first step in valuing Airbnb is trying to understand its history and its business model, including how it has navigated the economic consequences of the COVID. It’s relative: The first is that it was not just Airbnb that felt the pain from the economic shut down.

Profit and Loss 52

Profit and Loss Valuation Investments Numbers 52

CFO News Room

DECEMBER 26, 2022

stocks (which have a lengthy track record of outperforming inflation over long time horizons) and Treasury Inflation-Protected Securities (TIPS). In addition, advisors can also address different ways clients can protect their savings for retirement and other long-term goals against inflation, including U.S.

Planning 130

Planning Benchmarking Profit and Loss Communication 130

Barry Ritholtz

DECEMBER 12, 2023

He developed the Ginnie Mae contract, which at one time was a big thing in treasury bond contract. Low price stock has historically had some very large concentrated positions. You really only want to concentrate in the very high conviction companies of really superior and clearly health South was not clear.

Benchmarking 105

Benchmarking Concentration Investments Profit and Loss 105

Musings on Markets

JANUARY 9, 2021

While the universe of companies is diverse, with approximately half of all firms from emerging markets, it is more concentrated in market capitalization, with the US accounting for 40% of global market capitalization at the start of the year.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

CFO News Room

NOVEMBER 8, 2022

Because the economics of profitability start showing up particularly when you’re starting to hire other advisors and staff and team. And I said, “Look, you’ve got to look at where we are with valuations, and you have to look at where the 10-year Treasury is at. Is it at 1.5%?” Cean: Correct.

Restructuring 130

Restructuring Planning Marketing Accounting 130

Barry Ritholtz

AUGUST 15, 2023

SEIDES: Yeah, I wouldn’t measure it in terms of economic returns. So you go back a couple of years and you could say, “Well, what return is available buying a treasury?” ” And it turned out, if you looked at the market at that time, it was, I’ll call it 1%, five-year treasury or 10-year treasury.

Investments 52

Investments Benchmarking Marketing Treasury 52

Barry Ritholtz

MARCH 26, 2024

You get a BA in economics and poli sci from the University of Delaware. And it had to do with the discipline of the models that he used and how he segmented economic liquidity, investor liquidity, and then technicals and and breath conditions and understood how they melded together. What was the original career plan?

Investments 58

Investments Marketing Concentration Economics 58

PYMNTS

MARCH 27, 2018

In economics, it’s all fun and games until someone starts a trade war and loses some GDP. The impact will be concentrated and may have some blowback here in the States. As for investments, that’s the purview of Treasury Secretary Steven Mnuchin. The steel tariffs have been levied. The aluminum tariffs are in place.

Investments 40

Investments Concentration Treasury Economics 40

Barry Ritholtz

AUGUST 16, 2022

RITHOLTZ: And those were Treasuries. TROPIN: I mean, you know, there were equity hedge funds that were pretty levered, that had pretty highly concentrated, you know, growth bets, and a lot of technology companies and so on. How does this impact global trade and other economic factors? TROPIN: Right. TROPIN: Yeah. No, no, no.

Profit and Loss 121

Profit and Loss Foreign Exchange Valuation Investments 121

Barry Ritholtz

FEBRUARY 20, 2024

You get an economics PhD from California, Berkeley in 82, and around the same time you become an economist at the Federal Reserve Board from 81 to 83. When you write a check, you get check float, it takes time for the checks to come back to the hit the treasury account. Let, let’s talk a little bit about your background.

Treasury 58

Treasury Marketing Banking Economics 58

Barry Ritholtz

JULY 31, 2023

The economic dislocation, the health risks, just the mayhem that took place, but from the perspective of a number of corporate CEOs, Bill Ackman of Pershing Square Capital, the hedge fund that had a couple of amazing trades based on this. HOFFMAN: So obviously, I’ve — you know, economically minded from the jump.

Treasury 52

Treasury Retail Economics Entertainment 52

Barry Ritholtz

DECEMBER 26, 2023

And economic indicators, like the unemployment rate or the claims data, and you know, we actually did some scenario analysis around that recently, just talking about, Hey, what happens if the employment rate rises versus falls? What do you see in, in treasuries and the fixed income half of the portfolio? So large caps become big caps.

Marketing 63

Marketing Leadership Finance Investments 63

Barry Ritholtz

JULY 15, 2024

And it covers the spectrum of fixed income from treasuries here to high yield there, and everything in between. 00:13:52 [Speaker Changed] See, today, when I think of multi-sector, I think of corporates, treasuries, high yield equities, right? We tend to be concentrated in those. I assume there’s a lot of overlap.

Investments 58

Investments Marketing Banking Benchmarking 58

Barry Ritholtz

FEBRUARY 12, 2024

And at that point, I decided what I really wanted to do was be a PhD in economics. You’re outperforming, you’re, you’re putting up good numbers that’s on a concentrated portfolio and it’s 10, 15, 20 stocks are the drivers. So I didn’t even begin thinking about my career really until my senior year.

Investments 116

Investments Marketing Numbers Entertainment 116

CFO News Room

DECEMBER 8, 2022

Until recently, economic central planning from the political right received far less attention than its well-known manifestations on the left. Unfortunately, an emerging faction on the political right has decided to deploy economic planning of their own as an intended countermeasure against their progressive foes.

Economics 130

Economics Education Planning Manufacturing 130

CFO News Room

NOVEMBER 19, 2022

The AFU command continues to concentrate forces in forward positions for a likely offensive against Melitopol. Trump’s former Treasury secretary calls G-7 Russian oil price cap ‘the most ridiculous idea I’ve ever heard’ CNBC. * * *. UK opposition parties to table amendments to delay deletion of 4,000 EU laws Guardian. NYT, Again.

Concentration 130

Concentration Treasury Securities Accounting 130

CFO News Room

JANUARY 20, 2023

Koch-backed organizations have been in the fight since March 2020, messaging against business closures and later, school closures and masking in an effort to minimize economic disruption. Throughout the pandemic, business-aligned groups and the political right have been pushing back against public health measures.

Nonprofit 130

Nonprofit Securities Treasury Economics 130