Musings on Markets

In any version of a risk and return model for discount rates, where you start with a riskfree rate as a base and build up to costs of equi...

In the years since the 2008 crisis, there is no question in finance that has caused more angst among investors, analysts and even onlooker...

For an asset that should be easy to value and analyze, cash has been in the news a lot in the last few months, both when it has been retur...