[lbo-talk] A trader's view of the coming depression

Doug Henwood dhenwood at panix.com
Tue Sep 27 10:36:53 PDT 2011


On Sep 27, 2011, at 10:08 AM, SA wrote:


> I think the problem with using the corp "financial assets" line is that it's dominated by receivables and "miscellaneous assets," neither of which is cash-like.

They don't go into much detail on what misc assets are (though in the stock tables, as opposed to the balance sheet, there are a few lines of detail). Misc includes the value of FDI, but even in the stock tables there's a "misc" line. It could be derivatives, repos, whatever. It looks like the misc is a residual, though, computed by subtracting known quantities from the total.

Doug



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