One of the favorite pastimes of market watchers is predicting the next seismic shift in investor preference. The latest trendy forecast goes something like this: We’ve had a major pivot from the digital darling FAANG stocks to the rejuvenated “Blue Chips” of 2018. However, finding evidence of this type of leadership swap in history is far from…
[VIEW FULL POST]This WSJ article discusses how a tight labor market is forcing employers to offer new forms of benefits to lure prospective workers and retain current ones. While the seeming lack of wage growth has perplexed the market, the growth of traditional and non-traditional employee benefits often understate the extent of wage growth in today’s market….
[VIEW FULL POST]I recently called into Closing Bell on CNBC to discuss where I think the market can go from here. Watch the full video on LinkedIn.com
[VIEW FULL POST]“Last year I decided it was time to shake things up at our investment management company. After 12 years as president and then CEO, I thought it was time to shift some of my responsibilities to my partners.” In my most recent HBR post, I discuss the difficult process of preparing Aureus for an eventual CEO transition. Read…
[VIEW FULL POST]One of the reasons that “official” interest rates are staying low is that the shadow lending economy has so much available cash to finance deals that traditional banks won’t. PE firms are big players in the game now too. Read the full article in The Wall Street Journal
[VIEW FULL POST]This WSJ article highlights the acceleration in U.S. bank lending, which had curiously slowed the last couple of years despite solid economic fundamentals. Reasons for the deceleration included political uncertainty leading up to and after the Presidential election, as well as uncertainty regarding healthcare and tax reform. Now with some more clarity around these issues…
[VIEW FULL POST]It’s time for courts to weigh in on the issue of drug pricing. As an investor, we want drug companies to earn a strong return on their investment – but using the “value of a life” thesis to justify price is too arbitrary as that might be infinite. Read the full article in The New…
[VIEW FULL POST]Finally, after years of unrequited anticipation, we are seeing some reasonable wage growth. Here is my newest piece – click here to read the full article on CNBC.com
[VIEW FULL POST]In this article The Economist details how the U.S. tech giants are making life difficult for start-ups. Read the full article in The Economist
[VIEW FULL POST]I guest hosted Squawk Box recently to break down our outlook on the markets and the health of the U.S. economy. Watch the video on CNBC.com
[VIEW FULL POST]
