Market Structure Insights
February 3, 2021
“Looking good, Valentine!” “Feeling good, Louis!” A gentleman’s bet. But maybe not so fast. Farce met Street last week with good reason distracting many in the Finance and public company arenas. Far better chronicled elsewhere (here a good one on Benzinga’s Monday Pre-Market Prep –...
January 27, 2021
Sailing takes me away to where I’ve always heard it could be just a dream and the wind to carry me. Christopher Cross said it (youngsters look it up). In this pandemic we said, “That boy might have it figured out.” So, with two negative...
January 20, 2021
How durable is the US stock market? It sounds like we’re talking about shoes. Can I wear these hiking? Are they waterproof? No, it’s a legitimate question, a fair comparison. Public companies, your capacity to raise capital, incentivize your executives, and deliver returns to shareholders...
January 13, 2021
The market is always forward-looking, said the pundit. We were driving back from Steamboat to Denver and listening to satellite radio. It was noon coming through Kremmling in Grand County and the temperature was five degrees Fahrenheit, 50 degrees chillier than Denver. And I thought,...
January 6, 2021
Happy New Year! Last year’s words belong to last year’s language and next year’s words await another voice. TS Eliot said that. If you need a break from the daily tempest, read my favorite of his, The Love Song of J Alfred Prufrock. So often...
December 23, 2020
“We track everything in our facilities, down to the number of gloves we use. Why wouldn’t we track everything in the market? Our primary purpose is creating shareholder value.” So said one of the investor-relations rock stars of the modern era over dinner with executives...