Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
 Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A
Shrewd'm.com Merry shrewd investors
Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Post of the Week!
Search BRK.A

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
Unthreaded | Threaded | Whole Thread (13) |
Author: BreckHutHigh ✧  😊 😞
Number: of 15070 
Subject: Re: OT: Jim's take on the market
Date: 06/27/2023 10:57 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 9
Mungofitch wrote:"A whole lot of people built business plans on the assumption of free capital, and they will need new plans. Not to mention new capital which won't be forthcoming."

On a similar note...

June 2023

End of an Era: The Coming Long-Run Slowdown in Corporate Profit Growth and Stock Returns

"I show that the decline in interest rates and corporate tax rates over the past three decades accounts for the majority of the period's exceptional stock market performance. Lower interest expenses and corporate tax rates mechanically explain over 40 percent of the real growth in corporate profits from 1989 to 2019. In addition, the decline in risk-free rates alone accounts for all of the expansion in price-to-earnings multiples. I argue, however, that the boost to profits and valuations from ever-declining interest and corporate tax rates is unlikely to continue, indicating significantly lower profit growth and stock returns in the future."

https://www.federalreserve.gov/econres/feds/end-of...
Post New | Post Reply | Report Post | Recommend It!
Print the post
Unthreaded | Threaded | Whole Thread (13) |


Announcements
Berkshire Hathaway FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Ticker or Board Name Author

Best Of BRK.A | Best Of | Favourites & Replies | All Boards | Followed Shrewds