Seymour Zises, President and co-founder of Family Management, writes bi-monthly opinions on issues and observations of relevance to clients and investors.
The government is revisiting discussions about raising the debt ceiling. What about a conversation regarding tax incentives for investment and savings as well as infrastructure rebuilding? What about creating cost containment programs within Obamacare or restructuring other entitlement programs? With short-term interest rates at or near zero for an extended period, it is clear that
In this century we might add Greece to the list, with Italy, Portugal and Spain not far behind. It used to be that bankruptcies led to restructuring, debt relief and policy changes. Today, bailouts which pile more debt onto nations is the common solution, and that is true for the U.S. as well.
What does a mature company do when organic growth eludes it??? You guessed it – buy another company of course! In the first quarter of 2015, global mergers and acquisition transactions totaled almost $900 billion, a quarterly rate not seen since 2007 according to Dealogic.
After anemic growth in the economy during the past few years, it looks like it may be weakening further according to data released on March 25th. The economic figures showed a drop in business spending and investment. Further, orders for durable goods such as computers, washing machines and lawn mowers dropped 1.4% in February from a month earlier. Not unnoticed in this data, is that the weather may have played a big role in the weakness.
The New England Patriots deflate and the European Central Bank inflates.
There has been so much news about deflation, inflation, reflation and the many different possible outcomes of developed nations easing of monetary policy. Very little has been discussed about the biggest revolution in economics; that is, Techflation. What is Techflation you may ask? It is the deflation caused by technology and the increase of low paying jobs that comes as a result.
