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 ...
Through much of the month of June, as I looked at various investment opportunities, the one thing that stood out was just how well companies were performing despite the pandemic and in some instances because of the pandemic. On a ...
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 ...
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 ...
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… ...
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 ...