Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.

Companies typically borrow money at less than their return on equity and therefore compound their return at the expense of lenders.

When the tide goes out, you get to see who's swimming naked. PIMCO has had its bathing suit on for a long time

Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.

Whenever I read the newspaper, I say to myself, 'At least my wife loves me.'

I would admit Im an introvert. I dont know why introverts have to apologize.

When does money run out of time? The countdown begins when investable assets pose too much risk for too little return; when lenders desert credit markets for other alternatives such as cash or real assets.