However, these estimates might be a bit optimistic because the average trough forward PE during non-financial crisis recessions is actually 13 to 15.

Source: https://seekingalpha.com/article/4588787-vig-what-my-2-million-investment-fund-is-buying-now?source=feed_all_articles

If we look at the breakdown below of corporate bonds () and non-financial preferreds () we see that some of the weakness in bank preferreds (that we see in PFF) carried over into non-financial preferreds (that we see in PFXF).

Source: https://seekingalpha.com/article/4607089-the-seven-deadly-sins-of-regional-banks-and-preferred-cef-investing?source=feed_all_articles

If we look at the breakdown below of corporate bonds () and non-financial preferreds () we see that some of the weakness in bank preferreds (that we see in PFF) carried over into non-financial preferreds (that we see in PFXF).

Source: https://seekingalpha.com/article/4607089-the-seven-deadly-sins-of-regional-banks-and-preferred-cef-investing?source=feed_all_articles

“Lawyers know that the work that Legal Aid Commissions perform in the family law space ‘adds value’ to justice outcomes and society at large in both a financial and non-financial sense,” he said.

Source: https://the-riotact.com/government-urged-to-put-legal-aid-on-viable-financial-footing-to-benefit-the-community/651517

That is, by taking advantage of the low interest rates set by the RBI in the wake of the pandemic, households may have increased their liabilities not to fuel consumption, but to purchase non-financial assets such as houses.

Source: https://www.thehindu.com/business/Economy/have-household-savings-reduced/article67370159.ece

This ideal package should also include non-financial components that might be important to you.

Source: https://www.forbes.com/sites/rebeccazucker/2023/05/31/how-to-manage-competing-job-offers/

This year’s national WEE forum was focused on increasing women’s access to innovative financial and non-financial services and resources as well as technologies in promoting their social and economic endeavors.

Source: https://www.africanews.it/english/united-nations-un-women-ethiopia-hosts-the-annual-womens-economic-empowerment-forum-2023/

VAF Compliance is a leading virtual assets and financial compliance firm based in Dubai, specializing in the virtual assets, financial, and non-financial sectors.

Source: https://mid-east.info/vaf-compliance-launches-telegram-bot-service-to-help-crypto-users-and-businesses-avoid-receiving-tainted-funds/

Viewed in conjunction with the MHI REPORT, a report integrating financial and non-financial information, the Databook provides the public with information on MHI's management strategies and other sustainability-related initiatives and their progress.

Source: https://www.marketscreener.com/quote/stock/MITSUBISHI-HEAVY-INDUSTRI-6491254/news/Mitsubishi-Heavy-Industries--45631238/?utm_medium=RSS&utm_content=20231224