Economics

When assessing a business for acquisition or turn around, focus on six basics – Management, Assets, Strategy, Revenue, Costs and Potential synergies/M&A. What might look good on a spreadsheet or a presentation often fails one or more basic. Be ready…
Read more

Leveraged loans, covenant lite agreements and historically low interest rates and defaults gave us a frothy corporate debt market. An economic downturn could be crushing on weak banks/FI’s and investors, as well as companies on the edge. The article by…
Read more

Socialism is an economic system based on government control of the means and outputs of production – usually through regulation or ownership. As a practical matter, “socialism” runs on a continuum from government regulation to internalize externalities through total government…
Read more

The ability to have free trade in goods and services helps more than it hurts. Those negatively affected must be helped to transition, but the world is a better place when goods and services, instead of weapons and soldiers, cross…
Read more

After 8 years of aggressive policy moves by both the Bush and Obama administrations, little has fundamentally changed in the economic life of the average American.  We are no longer looking at a collapse of the banking system, but underemployment,…
Read more