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Michael Carr and Ian King weigh in on why the surge of initial public offerings (IPOs) we’re seeing in 2019 isn’t like the mania of the late ‘90s that led to the dot-com crash. The Massive IPO Boom Will Create Generational Wealth Michael Carr and Ian King weigh in on why the surge of initial public offerings (IPOs) we’re seeing in 2019 isn’t like the mania of the late ‘90s that led to the dot-com crash.
The Clash Over Interest Rates
by Joseph Hargett June 17, 2019 Great Stuff
Jerome, you’ve got to let me know. Should I stay or should I go? The Federal Open Market Committee is meeting this week to decide the fate of U.S. monetary policy. In other words, the Fed is looking at interest rates. Federal Reserve Chairman Jerome Powell will hand down the central bank’s decision on Wednesday […]
Uber Bullying: This Is the Robot Revolution
by Joseph Hargett June 13, 2019 Great Stuff
Some people clearly haven’t seen enough sci-fi movies. You do not bully robots. Period. And yet, that’s exactly what drivers around the world are doing. Road rage is now spilling over onto autonomous vehicles. Eric Meyhofer, head of Uber Technologies Inc.’s (NYSE: UBER) self-driving car unit, lamented the rising epidemic at Wednesday’s Elevate conference in Washington, D.C.: […]
When Rates Rise, It’s Time to Bounce on Banks
by Joseph Hargett June 11, 2019 Great Stuff
In the day, we sweat it out on Wall Street, in a runaway bull-market dream. At night, President Trump tweets about mansions of glory and interest-rate-cutting machines. In his latest series of tweets, Trump is stepping out over the line. “The Fed interest rate is way too high, added to ridiculous quantitative tightening. They don’t […]
Friday Four Play: IPO Edition
by Joseph Hargett June 7, 2019 Great Stuff
Initial public offerings (IPOs) are finally cool again! Uber Technologies Inc. (NYSE: UBER) and Lyft Inc. (Nasdaq: LYFT) tried their hardest to scuttle enthusiasm in the IPO market. But Wall Street has finally shaken off those doldrums. I mean, Uber is finally trading back above its IPO price … so we’re all good, right? (Sorry, […]

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