2021 is turning into a year of records. We have had a record number of IPOs this year (including SPACs, regular IPOs and direct listings) with 496 IPOs in the first five months of this year compared to 480 IPOs...Only ...
The advance estimate for first quarter 2021 GDP was released a couple of days ago and points to strong growth of 6.4%, which puts us almost back to pre- pandemic levels. Not adjusting for inflation, “current-dollar GDP” registered … Please...Only ...
SPAC IPOs hit another record in March 2021 with 111 new SPACs formed during the month compared to the previous record of 96 IPOs in February. To put this in perspective, we had only 3 SPAC IPOs last March and…...Only ...
The last year has been an unusual time to be an investor in public markets. We experienced a lot of risk and, if positioned correctly, significant rewards against a backdrop of a raging pandemic, riots, wildfires and … Please check...Only ...
The stimulus fueled bubble we discussed in our January 2021 Special Situations newsletter shifted its focus from cryptocurrencies, alternative energy companies and high growth stocks to find a new target in traditional brick and mortar retailers. Traditional retailers that had...Only ...
Happy New Year. The year that we just left behind defied all expectations in myriad ways. Western economies were not expecting nor were prepared for a global pandemic that came back even stronger in a second wave this Fall and...Only ...
With fears of a tumultuous U.S. elections subsiding and very positive data on the vaccine front from both Pfizer and Moderna, the market rallied strongly in November with all three main indices notching double digit gains. Please check out the...Only ...
October was a volatile month in the markets with the S&P 500 and Nasdaq both making a run towards all time highs before giving up and registering losses for the month. Please check out the full newsletter from the attached...Only ...
September was not a kind month to investors, with the S&P 500 declining nearly 4% and the Nasdaq performing even worse with a 5.2% drop for the month. A spike in COVID-19 cases in both Britain and Spain combined with...Only ...
The music has not stopped and the Pied Piper continues to lead investors along a merry path that saw the Nasdaq gain 9.59% and the S&P 500 register gains of 7.24% in August. There are two ways to think about...Only ...