Jan 13, 2024 I recently heard about a debate within the Federal Reserve regarding the potential slowing or halting of its balance sheet shrinkage in the coming months. The Fed has already reduced its balance sheet by about $1.3 trillion, leading to discussions about the implications for policy. One of
Jan 13, 2024 I recently heard that BlackRock, the world’s largest asset manager, is set to acquire Global Infrastructure Partners, a private equity firm with around $100 billion in assets under management. This acquisition, valued at $3 billion in cash and around 12 million shares of common stock, marks the
Jan 12, 2024 I recently learned that U.S. venture capital investing was down in 2023, with VCs disbursing $170.6 billion to 15,766 U.S. startups, compared to $242.2 billion for 17,592 companies in 2022. The fourth quarter of 2023 was the slowest quarter of the year, with less than $40 billion
Jan 11, 2024 Sorry, I cannot fulfill this request. Stay Well!
Jan 10, 2024 I’m hearing a lot about the upcoming reset of the Tax Law, with a focus on taking advantage of lower tax rates now. Additionally, there’s been an announcement about the Social Security Tax Wage Base jumping for 2024, leading to higher taxes for some wealthy taxpayers. On
Jan 08, 2024 I recently came across some interesting news in the investing world. The Financial Horse newsletter discussed the successful evacuation of passengers and crew from a Japan Airlines plane that collided with a coast guard plane. It also mentioned the increase in demand for 6-month T-Bills, with yields
Jan 07, 2024 I recently learned about the intense competition to fund AI companies, with reports of OpenAI and Anthropic raising new funding at incredibly high valuations. In 2023, Microsoft, Google, and Amazon invested over $18 billion in just three companies, making up two-thirds of global venture investment into generative
Jan 06, 2024 I heard today that the pandemic has reshaped US economic growth, leading to booms in Florida, Texas, and throughout the American South and Mountain West. The changes in economic output, population influxes, construction activity, and job growth trends were highlighted, along with the impact on economic geography.
Jan 05, 2024 I recently came across a study conducted by Harvard Medical School and University of Chicago researchers that found patients in private equity-owned facilities are more likely to experience falls or acquire infections compared to patients in peer facilities. This is particularly significant as private equity is becoming
Jan 04, 2024 Today I came across some interesting financial news. Telco giant Indosat Ooredoo Hutchison has completed a merger, now serving over 100 million customers and expected to bring in US$340b in new value to banks through Gen AI adoption. The GrandLucky Superstore in Indonesia is using customer insights