…to the $2 price that many are claiming is a pittance, its essentially the equity holders being offered the option to collect the saving on legal costs from bankruptcy instead…

…a few years out of date, but the point remains clear. While the S&P 500 earned an annualized 12.2% return from 1984 to 2002, the average equity mutual fund only…

This NYT article reports on new structuring of ownership of nursing home chains by private equity funds. Habana is one of thousands of nursing homes across the nation that large…

…in more than 50 years. People who already own houses are treating them like A.T.M.’s, converting home equity into spending money: last year the personal savings rate fell below zero…

…equity to derive implied equity risk premium. Damadaron’s approach requires certain assumptions as to expected future dividends (or cash flows depending on the nature of the valuation issue) as well…

…crucial ingredient in sustaining global demand growth;” the demand growth presently sustained by an “innovative mortgage sector [that] arranges for the easy withdrawal of rising equity in homes.” What Makin…

…employment in real estate related occupations will fall. This includes Real Estate agents, mortgage brokers, home construction trades and other real estate related fields. Also homeowners will withdraw less equity…

…are credit-constrained or face high borrowing costs. As a result they can’t hold as much equity as they want, since they can’t borrow to get it. This gives a case…

…that, now, “the government must pay its bills in the long run”? To quote Chris Cook (HT Izabella Kaminska; emphasis mine), the national debt: …is a national equity… At least…

…You could flip this upside down and replace “Earning Yield” with “PE ratio.” The data displays a remarkably regular relationship. Equity investors seem to be most optimistic about future economic…