This Cinco de Mayo we’re grateful for tequila. Especially if you’re a Tech investor. Why are companies crushing earnings and revenue being pulverized by an imperious market? It’s easiest to say expectations for the future have diminished and so market…
View pageGoogle chose as motto “don’t be evil.” “Beware derivatives” isn’t a bad motto either. If you’ve read the MSM long, you know we’ve beaten the drum like Boneshaker (when you hear the sound of the drum, here we come) over…
View pageDo you know traders could have made 580% in the S&P 500 the past 200 days? Public companies, your stock need not rise. I’ll explain. The S&P 500 is up almost 20% the last six months. The math says…
View pageThe stuff Archegos used expires today. Sound like Greek? Let me explain. A hedge fund blew up. Its counterparties are taking huge hits. There are ramifications. What happens? Maybe nothing. Maybe everything. First, let’s understand “counterparty.” A counterparty accepts the…
View pagePublic companies and investors, is the Federal Reserve using cash to hurt you? What? Quast, don’t you mean they’re inflating stocks? To a point, yes. And then history kicks in. There’s no such thing as “multiple expansion,” the explanation offered…
View pageThe Securities and Exchange Commission is in danger of becoming the Dept of Silly Walks. Let me explain why I’m calling the SEC Monty Python. And it matters to you, public companies and investors. Speaking of disclosure: I’m on the…
View page“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…
View pageSailing 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…
View pageHow 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,…
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