Frontrunning: December 1
Tillerson, Cohn Could Leave White House in Wave of Senior Departures (WSJ)Senate grapples with tax cut plan's impact on deficit (Reuters)Here’s Where the GOP Tax Plan Stands Right Now (BBG)Markets...
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Who Will Win The Self-Driving Taxi Race?
Authored by Jon Lesage via OilPrice.com,Ride-hailing firms Uber and Lyft have become transportation platforms for automakers and tech giants to someday bring automated, electrified mobility to the mass...
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Summers Warns "1000s Will Die" But Who Are The Real Winners & Losers From...
While many in the 'resistance' have vociferously denounced the Senate tax reform bill in the last 48 hours, former Treasury Secretary Larry Summers took the proverbial biscuit by warning that...
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Overstock.com CEO Exploring Sale To Fund Blockchain-Backed Global Property...
It’s fairly easy to categorize Patrick Byrne, the founder of Overstock.com, as a visionary, although he is usually described in less glowing terms in the mainstream media, a typical adjective being...
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Another Peak Alert: The Blank Check "SPACs" Boom Has Just Surpassed 2007
In 2017, stock issuance by SPACs has made a new post-crisis high, surpassing the last peak in 2007 which saw the equity market peak in October of that year prior to the crisis. Before we go any...
View ArticleFrontrunning: December 15
Some GOP Senators Press for Late Changes in Tax Bill (WSJ)Here’s Where the GOP Tax Plan Stands Right Now (BBG)Harvard Endowment Chief Pushed for Steeper Devaluation of Assets (WSJ)Net neutrality repeal...
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Bill Blain: "I Have Never Seen So Many Extraordinary Events In One Year, And...
Via Bill Blain of Mint Partner,We don’t think 2018 is going to be the End of the World. There will be opportunities and mistakes. Winners and grinners, and more than a few losers. Sure, we’re looking...
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What's In The Final Republican Tax Bill: Goldman Explains
While we published both the full text(1,097 pages) and the "explanatory" statement (only 570 pages) released by the House-Senate conference committee on the final Republican Tax Bill, also known as the...
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CalPERS Goes All-In On Pension Accounting Scam; Boosts Stock Allocation To 50%
Starting July 1, 2018 stock markets around the world are going to get yet another artificial boost courtesy of a decision by the $350 billion California Public Employees' Retirement System (CalPERS) to...
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These PE Firms Are About To Get Crushed By Their Subprime Auto Bets
In the aftermath of the 'great recession,' private equity firms placed massive bets on subprime auto finance companies with the typical "thesis" going something like this:"well, people have to get to...
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