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Oddly enough, it is in the political realm that the left's leverage looks stronger.
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I'll be delving into proposed legislation in future columns, but here's what I can say about the financial reform bill the House passed — with zero Republican votes — last month: Its limits on leverage look O.K.
So after two decades of no pro football and nobody around town really caring much about it, Los Angeles has gone from zero to potentially three teams in less than two months; three staking ground within 15 miles of each other, an instant storm swirling with suits looking for leverage, outcasts looking for rebirth, and everyone trying to get rich.
On a simple measure of leverage, they look equally risky.
They have been testing the effects of household leverage by looking at cross-sectional evidence, in particular county-level US data.
One crucial move was to shift assets off its books at the end of each quarter in exchange for cash through a clever accounting maneuver, called Repo 105, to make its leverage levels look lower than they were.
Bank sources say about 70 per cent of interns are likely to be offered a job this autumn; two of the interns we speak to say they would accept an offer and then "use it as leverage" to look elsewhere for jobs – either on an easier desk in the bank or at other companies.
Conversely, a company with no leverage can look mediocre on an ROE basis even if it has fat margins and a ton of cash.
"The first wave of Millennial women who have leveraged their looks to climb the corporate ladder are beginning to see signs of aging and grappling with how this change may impact their careers," Larissa Faw wrote for Forbes.
The first one will deal directly with the concept of the consumer de-leveraging and looking for value.
Shaving the cost on last-mile deliveries by leveraging workers looking for extra income isn't a new idea for retailers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com