Posts Tagged currency cycles
Parts that contribute to overall payday vision
Posted by admin in Save Money, Taxes, revenue, short-term income, understanding finances on May 15th, 2010
Sound like Flash Gordon or Star Wars? It isn’t. It is the synergistic result of a partnership. Each of these partners had separate needs that they could not fulfill themselves. Working together, however, they were now at the point of strategically planning how they wanted to develop the highways and cars of the future. The first thing they did was create a vision reflecting the individual aspirations of the partners.
Each had a part to contribute to the overall vision. Using the Plan–Do–Check–Act cycle, they then planned what they wanted to do and constructed some prototypes. On several of the projects, they’re checking to see if what they designed and tested is working as predicted. This partnership is well on its way to having its vision become a reality—a vision with the potential of saving thousands of lives while improving automobile efficiency and reducing pollution. Partnerships not only add value to business, but sometimes make dreams come true.
The correlation between credit spreads and the business cycle
Posted by admin in bonds, business, credit, credit cards, economy, finances, payday loans on October 21st, 2009
Fama and Chen examine the correlation between credit spreads and the business cycle. They find empirical evidence that corporate bond spreads are good predictors of future economic growth. Based on empirical data from 1933 to 1997, a recent study by Koopman and Lucas (2003) reveals two different types of cycles. On the one hand, there is a cycle with a frequency of about 6 years, where a positive correlation between credit spreads and default rates, and a negative correlation between spreads and economic growth can be observed. On the other hand, a second cycle with a duration of about 11 years shows a positive link between spreads and business failures, and a negative correlation between GDP growth and both spreads and default rates. However, constraining the analysis on the post Second World War era no significant correlations between credit spreads, default rates and the business cycle could be found.