TEK2day

Operating at the Intersection of Technology and the Capital Markets

Tag: cash flow yield

  • Cash Flow Is King In A Bubble Economy

    Cash flow is king in a world smitten by nosebleed valuations and unsustainable spending The Fed’s commentary around potentially increasing the Fed Funds Rate in 2023 vs. 2024 reminds me of the equity analyst who would base his valuation case on a P/E multiple applied to an earnings estimate that was five years in the…