No, I just mean Measures of profitability, however, can only be approximate. (sic Greenspeach). Just tell me what you want to prove, I'll handle the figures. <vbg> Besides, nowadays Ps are irrelevant, only pro-forma Es matter. Earnings are pubished "whithout any expense". ROFL.
More seriously. I never gave a sh#t about interest rates. What matters is the real interest rate and the allowed credit line corporate can trade at the bank. Why should I care about interest rates, when JPM tells me I should sell bonds on the market coz. they are cutting my lines? Guv. interest rates, bonds, repo don't mean a thing outside the bank's woild. The interest paid on mortgages or on loans matters. Geez! My mortgage was negociated at 4.34% here, 3 years ago while ufficial CB rate was 4.25. Real interest matters. How much does a mortgage costs in the US? Current CB rate at 1.75% |