Margin of Safety

author

Vincent Ryan

Finance and tech journalist for more than 30 years

Latest Posts

Category: Uncategorized

  • Software Marketing Journal

  • Stop Watching Central Bankers

    The U.S. 10-year Treasury is now at 1.42%, its lowest level since July 2012. What gives? Yes, Brexit has roiled the markets, but can money really be that cheap? It is. Relatively, 10 years are rich in yield. This post isn’t about the flight to safety, however. It’s about how our governments have failed us.…

  • The Productivity Problem

    U.S. productivity rises at fastest pace since end of 2013 Well, yes, isn’t that one of the essential problems with our economy? But the picture isn’t as bright as it seems. The boost was forecast to be larger, given lagging numbers the past few years. And why isn’t productivity in the United States rising? Marketwatch…

  • a good poem

    Love That Dog by HarperCollins Childrens Books https://www.scribd.com/embeds/102839205/content?start_page=1&view_mode=scroll&access_key=key-14tie3hm4m43k8a7cn5c&show_recommendations=true

  • Operation Choke Point: Plaza Bank Becomes Third to Settle- The Wall Street Journal.

    http://blogs.wsj.com/moneybeat/2015/03/12/operation-choke-point-plaza-bank-becomes-third-to-settle/

  • FXCM Repays $12 Million of Rescue Package- The Wall Street Journal.

    http://www.wsj.com/articles/fxcm-repays-12-million-of-jefferies-rescue-package-1426192049

  • Next financial crisis locales? Try China and India

    As I wrote on CFO.com on Tuesday, China’s domestic banks may face problems during the “great moderation” of China’s economic growth.  A recent S&P report said that the majority of China’s top banks, and many regional and national banks, “remain vulnerable to credit shocks stemming from a hard-landing scenario for the Chinese economy.” They are not…

  • I’m not exactly a fan of private equity …

    … but an E&Y study I wrote about yesterday claims they are creating value — with returns higher than the public markets — with some new “levers.” I’m not so sure. The businesses they have acquired are earning higher valuations on exit because the stock of their public-company peers is doing well.  “Multiples, which compressed significantly during…

  • Oh, to be in the 1970s again

    Wouldn’t it be great to get 10% on a corporate bond again? Then again, the inflation rate was 11%. This post is really just an excuse to use Datawrapper. Here’s the interactive version. Related articles The Strategy of Monetary Policy: Larry Summers from 1991 (delong.typepad.com) Disinflation a Four-Letter Word For Gold (rvnewstoday.com) Is The Consumer…

  • Another kind of contagion

    Prior to the financial crisis, you may recall, most of the risk management talk in the banking industry was about protecting against a bird flu virus pandemic. While the mortgage-backed securities market was turning into a toxic wasteland, global regulatory agencies were more concerned about whether banks could function if everyone called in sick. This…