In a recent CNBC interview, hedge fund manager Stanley Druckenmiller said that the market’s comeback in recent weeks has “humbled” him and that he underestimated the power of the Fed.…
Day: June 16, 2020
Targets Trailing S&P 500 By Wide Margin
A recent article in Bloomberg reports that “strategists have been too cautious in estimating the speed of the recovery,” and that the S&P 500 is surpassing its projected level by…
Should Companies Tie Dividends to Cash Flow?
In a recent Barron’s interview, Goldman Sachs global co-head of single-stock research Jim Covello makes the case for variable dividends that are contingent on business’s available cash flow. According to…
Quarterly Guidance and Why Suspension Should Extend Beyond Covid-19
A recent article in IR magazine underscores the rising number of firms that have stopped issuing quarterly guidance since the pandemic began in March of this year, adding to an…
