Equity Returns Across Recessions

by xxyoungmoneyxx69 This is a summary of an excerpt of some firm-wide DD sent out last week from Morgan Stanley. Thought this would be useful for you guys but let me know if this is too abstract. Can post excerpts from research daily if there is interest. The worst performance for most industry groups has … Read more

WeWork IPO – A Brief Look

by TT3778 https://terrencenotes.com/2019/08/29/wework-ipo-good-deal/ WeWork filed their IPO prospectus on 14th August 2019 with the SEC, under its holding company The We Company. Forbes quipped it the most ridiculous IPO of 2019 and there are tons of articles questioning the company valuation of US$45bn with only $1.5bn of revenue in 6M19. Read carefully, it’s revenue not … Read more

Ron Insana: This time is not different for the inverted yield curve

by mark000 via CNBC: Key Points 1.Global interest rates are negative because the world economy is heading toward a synchronized recession. 2.Transportation, banking and small-cap stocks, the last of which are thought to be immune to global economic weakness, are all flashing warning signs of an impending domestic economic slowdown. 3.President Trump’s trade war has ground global manufacturing … Read more