Archive
The debate around inflation continues… When Federal Reserve Chair Jerome Powell delivered his keynote speech on Aug. 27 at the virtual Jackson Hole Economic Symposium, global central bankers, economists, and markets largely approved. For most investors and Fed watchers, he struck the right chord with his message. The central bank was committed to slowing down […]
'To break the rules, you must first master them...' You might attribute this quote to Pablo Picasso, the famed Spanish artist, or Tenzin Gyatso, the 14th Dalai Lama, as it seems to fit segments of their life stories rather well. In reality, there's no proof that either of them ever spoke these words about mastering […]
Concerns about productivity aren't driving the debate... There's been so much dialogue and controversy about getting people back to the office because employees can be just as productive at home. The past 18 months have thoroughly disproved that working from home is less productive. Many white-collar workers even made the transition to remote work more […]
- HSII
Bloomberg found a creative way to track the return to normalcy... Investors and management teams are trying to assess the effect of the delta variant of the coronavirus on corporate America's return to the office. We think about it, too, from both sides: as investors and from a company management perspective. As a firm, we […]
- PBPB
Today was supposed to be the day many offices reopened... The delta variant of the coronavirus became a much larger problem than anticipated, and many office reopenings are now on hold. This week, we're focusing on the dynamic of returning to the office and working from home and some of the specific winners and losers […]
- TEAM
- ZM
Joel's note: Both the market and Altimetry are closed on Monday in observation of Labor Day. So, look for the next Altimetry Daily Authority on Tuesday, Sept. 7. We wish everyone a safe and enjoyable weekend. Thinking outside the box requires time away from the office cubicle… I'm back in Istanbul, spending a lot of […]
- FB
- GOOGL
During the economic shutdown, work got busier than ever... The pandemic-induced recession and recovery are often described as K-shaped instead of more typical recoveries. A simple recovery might be V-shaped if there is a sudden and short dip before a quick recovery, or W-shaped if there are two dips before the real recovery. However, this […]
- ABNB
- GS
- KFY
- MAR
What appeared to be a summer reopening is quickly slamming shut with the uptick in COVID-19 cases... As summer draws to an end, many folks seek to squeeze in a final vacation over the coming Labor Day weekend. But with the delta variant of the coronavirus spreading rampantly around the country, some might be worried […]
- DAL
After a multimonth bidding war, the North American train landscape is about to look different... Canadian Pacific Railway (CP) and Canadian National Railway (CNR.TO), two of the largest railway operators in North America, have been fiercely battling over acquiring smaller rival Kansas City Southern (KSU), a short-rail operator south of the border. The drama began […]
- CNR.TO
- CP
- KSU
- UNP
When this hedge fund legend embraced SPACs, Reddit loved it... The world of WallStreetBets, "meme stocks," and HODL ("hold on for dear life") was mostly just fun and games until it went to war against Wall Street. GameStop (GME) was the weapon of choice, and investment firm Melvin Capital was the first major casualty. Members […]
- SPCE