Election’s Over: What Happens Next?
On September 14 of this year the S&P 500 ended the day at 1465, representing its 52-week high closing point. This turned out to be peak – at least so far – of... Read More
Are Equities a “Cult”?
Thirty three years ago, in August 1979, Business Week magazine trumpeted the demise of the stock market in an article titled “The Death of Equities”. Somehow it... Read More
Inside the Libor Scandal: What It Means and Why It Matters
What is Libor? It’s a word that has been much in the news over the past several weeks. It’s reasonable to imagine that there are more people in the world who know... Read More
Liquidity, Credit and Solvency
“You only live once” has become the popular catch phrase among the young crowd this year. YOLO – as the ubiquitous t-shirts proclaim on the Ocean City... Read More
The Anatomy of an IPO
The Holy Grail Those three letters have a magical effect. I-P-O, the Holy Grail that impels impassioned entrepreneurs to pursue their dreams and create the next great thing... Read More
First Quarter Flowers, Future Showers?
The first quarter of 2012 will come to a close in just three days, and unless something completely unforeseen crops up between now and then (always a possibility, mind you),... Read More
All Over Again?
In the fourth quarter of 2010 equity markets began a rally that carried into and beyond the first quarter of 2011. The primary catalyst for that rally had been the... Read More
This is the second installment of the MVCM Postmodern Finance Series, a new thought leadership series providing analysis and commentary on the changing landscape of global... Read More
The S&P 500 briefly entered bear market territory on Tuesday, extending the magnitude of its losses to more than 20% from its 52-week high point. Downside momentum... Read More
The New Permanence of Volatility
This is the first installment of the MVCM Postmodern Finance Series, a new thought leadership series providing analysis and commentary on the changing landscape of global... Read More