What Could Be the Next Shoe to Drop?

2023-03-28T17:47:08+00:00March 28th, 2023|Categories: INVESTMENT|

Executive Summary During the COVID pandemic, many companies implemented work-from-home strategies, resulting in the realization of needing less office space. The impact of reduced occupancy (see first graph) could be an issue for owners and financiers of commercial real estate. Much of which is highly leveraged with [...]

Is Your Bank Account Safe?

2023-03-21T16:21:11+00:00March 21st, 2023|Categories: INVESTMENT|

Executive Summary Last week saw the collapse of Silicon Valley Bank and Signature Bank. Over the weekend, regulators and government officials scrambled to forge a rescue deal for Credit Suisse, through a purchase by UBS. Credit Suisse shareholders will still suffer losses. The banking and financial system [...]

What Happened to Silicon Valley Bank?

2023-03-14T21:05:59+00:00March 14th, 2023|Categories: INVESTMENT|

Executive Summary Last week many heard about the Silicon Valley Bank failure. Over the weekend, a joint statement (included below in The Details) was released by Janet Yellen, Secretary of the Treasury, Jerome Powell, Federal Reserve Board Chair, and Martin Gruenberg, FDIC Chairman. This letter would also [...]

Is it Time to Return to GAAP?

2023-03-07T19:06:53+00:00March 7th, 2023|Categories: INVESTMENT|

Executive Summary Generally Accepted Accounting Principles (GAAP), the standards for financial reporting, used to be used in financial analysis. However, now the financial industry prefers “adjusted” or “forward” earnings as they allow for manipulations, justifying overpriced stocks. One can see in the second graph below the divergence [...]