Tech giants peaked during the pandemic, but seemed to fall out of favor last September as vaccine development began to bear fruit and investors focused on “reopening” stocks. Read the full article on CNBC.com
It’s not often that celebrity home-buying sprees give me insights into the stock market. However, when I read last Friday about Ellen DeGeneres’ purchase of a $49 million house in Montecito, California, I realized that this behavior helped me understand the current exuberant state of the stock market. Read the full article on CNBC.com
I knew the day was coming, even if an effective vaccine would be announced shortly (which it was), my most “normal” activity, playing tennis, was, again, going to succumb to Covid-19 protocols. The virus has been surging in my state, with daily cases up over tenfold compared to where they were in June. Finally, the…
On the morning of Sept. 3, the market began to fall, led on the descent by the same technology stocks that had captained the gravity-defying charge upward since late March. Despite being bullish for months, my partners and I appraised the August surge more as a feeding frenzy than the thoughtful recalibration of improving valuations….
Recently, Kari spoke at SALT Talks, an ongoing series of digital interviews with the world’s foremost investors, creators and thinkers. Watch the full video on YouTube here
In a time of Covid-shaming, it’s difficult to publicly embrace a rising market that ignores increasing deaths, unfathomable unemployment, massive business failures, a possible 40% to 50% drop in economic activity this quarter and huge federal deficits. Read the full article on CNBC.com
I think that acts of charity, compassion, and creative generosity may resonate with investors increasingly drawn to socially responsible investing when the pandemic comes to an end. Read the full article on CNBC.com
Karen Firestone offers her thoughts on the bailout being offered to the travel and leisure industry. In comparing the bailout to the Great Recession in 2008/2009, she thinks this one should come with strings attached. Read the full article on CNBC.com
Kari was quoted in an article for Penta about gender diversity on corporate boards, originally published on 2/18/20. In January, Goldman Sachs made headlines when it became the first Wall Street investment bank to draw a line on board diversity, with CEO David Solomon declaring that his firm wouldn’t take companies public in the U.S. or Europe…