It Sure Feels Like A Recession
02/12/2013
While stocks suggest all is well, and anecdotal macro data (seasonally slandered by fiscal cliff drag-forwards and ‘weather’) might offer hope that green shoots are back; one glance at the following chart of US, Europe, and Asia (ex-Japan) EBITDA tells a very different story. With cashflow clearly barely budging, is it any wonder that companies are creating conservative balance sheets? It sure feels like a recessionary environment…
Chart: Morgan Stanley
——————————————————————————————————————————————
EL IMPERIO DE GOLDMAN SACHS EN EUROPA – ¿Seguirá creciendo?
26-NOVIEMBRE-2012
Sorpresa en Londres, un canadiense, nuevo gobernador del Banco de Inglaterra. El nombramiento del nuevo Gobernador del BoE (Banco de Inglaterra). ¿Sorpresa en los Mercados?
Cronología de un Poder: “El Imperio Goldman Sachs sobre Europa”
——————————————————————————————————————————————
——————————————————————————————————————————————
Use the ebitda trend : apple vs sum of others, I guess that apple’s is going up and the other down, for this reason the market value for apple is more attractive in addition that the differency in ebitda in no so huge.
Thanks for your point of view.
That’s the key of the question and the market value of Apple Stock. The question is: those expectations are reals or non.
Nevertheless welcome to Economy & world and we appreciate your ideas and market vision.
Apple has $190 billion in CASH. That’s a good chunk of its value. Then you have the intellectual property that generates that cash.