Investing

Another big IPO - private equity is dumping on the suckers

Jun
28
Article Link: 

This is an interesting article that tells you quite a bit.

Let’s look at the context of the current securities markets. The stock market is struggling to reach new highs.   M&A and IPO activity is strong.  Timing is everything.

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First quarter GDP revised down....what did you expect?

Jun
28
Article Link: 

GDP was revised downward.  It doesn't surprise me at all.  I hope it doesn't foretell more bad news to come, but I am not holding my breath. 

Consumer spending is slowing down.  Keep in mind that consumers are responsible for 75% of the GDP.  

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