At its simplest, the stock market is nothing more than an input-output black box – in goes the cost of capital, out comes profit. But the cost of credit has been rising since January and that cost is going to filter through to company earnings in the autumn. It'll be painful – so beware!
from Steen Jakobsen - Authored content http://ift.tt/1GHIntH
Steen's Chronicle: The marginal cost of everything
ad
Enregistrer un commentaire