by jessefelder Many investors like to use price-to-earnings ratios as a short-hand valuation tool for both individual equities and the broad stock market. Most of the time this can be useful but there are also times when it can be …
by Dave Boy, I don’t have any stats for the Texas Ratio for banks that failed. That would be a good number to have. It’s also political; I’m sure the rank-and-file regulators want to pull the plug sooner rather than …
by Jim Quinn “This time may seem different, but all too often a deeper look shows it is not. Encouragingly, history does point to warning signs that policy makers can look at to assess risk—if only they do not become …