December 15, 2016 by Dan • FREE ACCESS

Investors in U.S. equities have been buying stocks based on an assumption that the incoming administration will be “pro-business” (lower corporate taxes and less regulation). For the most part, investors are correct to assume that, …

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November 16, 2016 by Dan • FREE ACCESS

Yesterday IBM’s CEO Ginni Rometty wrote an open letter to President-elect Trump offering: ideas that I believe will help achieve the aspiration you articulated and that can advance a national agenda in a time of profound …

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August 29, 2016 by Dan • FREE ACCESS

On Friday Federal Reserve Chairwoman Janet Yellen said what we already knew: “In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an …

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June 4, 2015 by Dan • Commentary

Another day, another proposed mega-deal. M&A is the big story of this stage of the bull run. Market participants became too familiar with special dividends in 2013, and corporate financiers moved towards massively increasing share buybacks …

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