In early 2020 faced with a global pandemic and an unemployment rate that was literally off the charts, we kicked the can down the road with a combination of massive stimulus and quantitative easing. Those chickens have come home to ...
The macro environment continued to remain uncertain last month with inflation remaining stubbornly high, new strains of COVID-19triggering lockdowns in China and… Please check out the full newsletter from the attached PDF.
Markets usually climb a wall of worry and there have been periods of geopolitical tensions over the last several decades that have done little to… Please check out the full newsletter from the attached PDF.
Finding good opportunities had become increasingly difficult during the second half of 2021 and we had to focus on strategies like merger arbitrage, fracking companies like Diamondback Energy (FANG) and… Please check out the full newsletter from the attached PDF.
2021 was a year of resilience where folks across the world fought successive waves of the pandemic, including a particularly challenging variant in late spring and summer. While we are not out of the woods yet, the general consensus appears to ...
M&A activity in the United States exceeded $1 trillion a few days ago with $28 billion worth of new deals announced in a single week as reported in our Merger Arbitrage Mondays post on November 22. Another area of the ...
Animal spirits were back in control last month with the market rebounding sharply from its September weakness. The Nasdaq registered a gain of 7.3% for the month and the S&P 500 was close behind with a gain of 6.9%. Positive trends ...
The market was starting to show signs of weakness early in September with all three major indices falling in unison. The excess and exuberance appear to have finally caught up with the market. The S&P 500 dropped 4.76% for the ...
We’ve had one of the most unusual years in history with raging wildfires scorching large swaths of the West, icy weather knocking off the power grid in Texas and extreme storms plunging parts of Louisiana in darkness. All of this ...
M&A activity has been red hot in the United States with deals worth nearly $800 billion announced this year and several deals receiving competing bids that pushed up the value of the deal much to the delight of arbitrageurs. There ...