Economists are fond of making a distinction between flow and stock concept, and woe to one who confuses the two. A flow is a variable measured over time, such a the budget deficit. A stock is an accumulation of flows and is measured at one time, such as the US government debt. Income is a flow,…
Economists are fond of making a distinction between flow and stock concept, and woe to one who confuses the two. A flow is a variable measured over time, such a the budget deficit. A stock is an accumulation of flows and is measured at one time, such as the US government debt. Income is a flow,…
Having spent much of March in the UK for vacation time, I got plenty of time to recharge, catch up with friends and family and meet a few new people along the way. I very rarely talk about my work, but sometimes people take an interest when meeting for the first time and, of course,…
Having spent much of March in the UK for vacation time, I got plenty of time to recharge, catch up with friends and family and meet a few new people along the way. I very rarely talk about my work, but sometimes people take an interest when meeting for the first time and, of course,…
As relatively hard-to-value, index-heavy Technology stocks tumble and questions about the economic growth story unfold, it may be time to add defensive positions to your portfolio. Leading brewer and consumer staple Molson Coors offers downside protection, with a compelling moat and strategic growth investments to counter industry headwinds. Showing over 35% upside ahead of earnings,…
As relatively hard-to-value, index-heavy Technology stocks tumble and questions about the economic growth story unfold, it may be time to add defensive positions to your portfolio. Leading brewer and consumer staple Molson Coors offers downside protection, with a compelling moat and strategic growth investments to counter industry headwinds. Showing over 35% upside ahead of earnings,…
The BOC left the interest rate unchanged at 1.25% as most economists had expected. Markets priced in a 20% chance of a hike. The USD/CAD jumped to a high of 1.2635 as the statement pledged caution regarding raising the interest rates. This was not new but perhaps some had expected a more hawkish tone. In addition, the…
The BOC left the interest rate unchanged at 1.25% as most economists had expected. Markets priced in a 20% chance of a hike. The USD/CAD jumped to a high of 1.2635 as the statement pledged caution regarding raising the interest rates. This was not new but perhaps some had expected a more hawkish tone. In addition, the…
In games deal making there’s Tencent, then there’s everyone else. Tencent led or participated in over $4 of every $10 invested in games companies worldwide in the 12 months to Q1 2018. It was involved either sell-side or buy-side in over three-quarters of all games M&A deal value (i.e. dollars) in the same period. And…
In games deal making there’s Tencent, then there’s everyone else. Tencent led or participated in over $4 of every $10 invested in games companies worldwide in the 12 months to Q1 2018. It was involved either sell-side or buy-side in over three-quarters of all games M&A deal value (i.e. dollars) in the same period. And…
