Slack’s Direct Listing Leaves Wall Street Fighting for Fees
Slack’s Direct Listing Leaves Wall Street Fighting for Fees
Banks can still make money when companies skip a traditional IPO, but the spoils go to a select few.
Businessweek
Businessweek
Airwaves Get a Little Clearer for Big Value Call
Airwaves Get a Little Clearer for Big Value Call
Equity investors have troubled waters to navigate amid protests in Hong Kong, tanker attacks in the Middle East, rising no-deal Brexit odds, unresolved trade conflicts and slowing growth. With that, value stocks have fallen to a record low relative to growth equities. But one long-standing call is slowly offering more…
Bloomberg
Bloomberg
Greece, World’s Best Stock Market, Touts Turnaround From Crisis
Greece, World’s Best Stock Market, Touts Turnaround From Crisis
The world’s top stock returns this year come from Greece, the very nation that not long ago got history’s biggest sovereign bailout.
Bloomberg
Bloomberg
As Threats Mount, Equity Bulls Retain Footing in Tumultuous Week
When it’s all done, when the bulls have been broken, historians will look back and have something definitive to say about this rally’s causes and consequences. Until then, we must settle for theories.
Bloomberg
Bloomberg
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Pay No Attention as We Take a Knife to Profits, Strategists Say
U.S. equity forecasters can’t get their story straight. In the last month, 10 of 24 strategists tracked by Bloomberg cut 2019 profit estimates for the S&P 500. But exactly none has lowered the price prediction.
Bloomberg
Bloomberg
Marko Kolanovic Says ‘Trump Recession’ Stock Tilts Won't Last
Corners of the stock market are pricing in a “Trump recession” and investors should get ready for a bounce, according to JPMorgan Chase & Co. strategist Marko Kolanovic.
Bloomberg
Bloomberg