Dr. David Kelly’s Notes on the week ahead - August 12, 2019
At its July meeting, the U.S Federal Reserve (the Fed) cut rates for the first time since December 2008.
The current earnings season has been mixed; lower energy prices and a stronger dollar are headwinds, but health care sector M&A is providing an offset.
Michael discusses US-China trade war in context, the outlook for prescription drug price legislation, and an updated ideological scorecard for 2020 Presidential candidates.
1Q18 earnings update: A tailwind from taxes
A brief comment on a proposal from leading Presidential candidates to ban hydraulic fracturing everywhere, immediately.
Trade was the hot topic of 2018, with the U.S. administration engaging in negotiations with many major trading partners.
Michael takes a close look at the question of rising committed and unspent capital in private equity, and implications for investors.
Michael went on a search for Democratic Socialism in the real world, and ended up halfway around the globe from where he began.
A greater percentage of negative yielding bonds has reignited the hunt for yield as investors look for higher yields in riskier asset classes.