Every battle is won before it’s fought,Sun Tzu wrote in “The Art of War.” As the legendary Chinese military strategist observed more than 2,500 years ago, understanding the terrain in which a battle will be waged is critical for those who want to prevail
The positive supply shock to the economy created by the increase in U.S. oil production has policymakers reconsidering this country's four-decade-old oil ban on exports. From a pure economics standpoint, exporting domestically-produced oil would benefit both producers and consumers and increase overall efficiencies in the domestic energy market.This article discusses how middle market firms with links to oil extraction, energy, transportation and construction could disproportionately benefit if the decades-old ban on oil is lifted.
This specialist white paper provides detailed insight into the current credit markets, and an international view of mid-market Mergers and Acquisitions deal activity and developments on a per country basis from 2014 to Q1 2015.
Most market watchers seem to be missing the point about the Fed’s impending rate hike cycle. It’s not about the when, it’s about the how.
Rapid expansion across the emerging markets is perhaps the most important development for the Private Equity industry. Interest in Africa has never been higher and it continues to see strong interest from investors. Fundraising trended higher in 2014, and the value of transactions nearly doubled during the year. Private Equity's impact in the region is only beginning to be felt. The next decade promises to be an exciting time for Private Equity in the region.
At a Daily Journal annual meeting in Los Angeles earlier this year, Charlie Munger – the 91-yearold Vice Chairman of Berkshire Hathaway – shared his opinion on the investment landscape when asked about negative interest rates in Europe and persistently low rates in the United States:"This has basically never happened before in my whole life. I can remember 1½ percent rates. It certainly surprised all the economists.
U.S. stock market activity has been unusually volatile in the last couple days, with the S&P falling roughly 3.2% Friday and 3.9% Monday before rebounding about 2% in early Tuesday trading.Lower-quality credit markets has also suffered while treasuries and high-grade debt have rallied. This market commentary discusses where the global market stands in the face of the Chinese debt crisis.
This useful guide describes everything young and first-time investors would want to know about mutual funds, from selecting a fund, sales charge and other costs to identifying the right fund manager and more.
Whether public or private, successful businesses share some of the same concerns. Attracting and retaining talent, balancing growth and risk with profitability and adapting to economic changes are all essential. But the owners of private businesses face unique challenges, particularly when they decide to make changes in the ownership or management of the business.
On August 19, the Federal Reserve released the minutes from its July 28-29 Federal Open Market Committee meeting, which showed the Fed’s concern about China’s economic growth and market turmoil, as well as broader weakening in emerging market economies. The minutes also indicated the Fed’s view that a weakening global economy has revealed some areas of vulnerability in an otherwise fundamentally sound US economy.