Turkey Shoot!

Posted on Leave a commentPosted in Newsletters

Amid the recent havoc in emerging markets, Tuesday delivered a significant (and somewhat surprising) piece of good news as Turkey raised the average rate at which banks can borrow by 2.8%. Considering that the US Federal Reserve rarely adjusts the federal funds rate by more than 0.5% at one time, this is obviously a very […]

M&A Activity in 2013

Posted on Leave a commentPosted in Financial Blog

We knew US companies weren’t going to sit on their hands (or in this situation—piles of cash) waiting for a magical uptick in sales forever, and they have finally begun taking action. While there is no hard and fast rule about M&A (mergers and acquisitions) and its effect on the overall economy, it is no […]