Monday, August 21, 2017

Kevin Erdmann — Leverage is not a sign of risk seeking, a continuing series


A contrarian view.

Idiosyncratic Whisk
Leverage is not a sign of risk seeking, a continuing series
Kevin Erdmann

1 comment:

Matt Franko said...

"Recently, profits have not been great, and leverage has increased as profits have declined. "

This is due to the Fed forcing $T of non-risk zero yielding assets onto bank balance sheets...