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Explore: The Facts and Fictions of Black Friday Sales Figures

The Facts and Fictions of Black Friday Sales Figures

Black Friday

The core of the holiday shopping season is gradually spreading, moving from Black Friday to Cyber Monday and now even reversing to encroach on Thanksgiving, as more and more stores open their doors just as most Americans are finishing their turkey. This trend highlights how eager retailers are to cash in on the all-important holiday season; as a result, what exactly should investors make of the ensuing sales figures?

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Condor Capital Discusses Robo Advisors in The Wall Street Journal

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Even as the assets under management for Robo Advisors has experienced a steady upward trend, there has not yet been a single, trusted source for investors to compare characteristics, activity, and, yes, even performance for these digital platforms – until now. Continue reading “Condor Capital Discusses Robo Advisors in The Wall Street Journal”

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Deal or No Deal? American Businesses Have a Clear Answer

Mergers

If you’ve picked up on the news stories regarding mergers and acquisitions this month, you’re on to something – whether it’s AT&T’s bid for Time Warner or today’s announcement of GE seeking to combine its oil and gas business with Baker Hughes. While the number of deals may not be at record highs, the value of the deals certainly are.

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What Does the Recent Compromise In Trenton Mean For New Jersey’s Residents?

Deal

Politicians from both sides of the aisle in Trenton have finally reached an agreement to replenish the Transportation Trust Fund after many delays. While all residents of the Garden State won’t be impacted the same, the implications will be far-reaching nonetheless. The new deal confirms a 23-cent hike in the gasoline tax, which on top of the current 14.5 cent/gallon tax – brings this tax to 37.5 cents per gallon, up to the seventh-highest in our country.

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Can Allergan (AGN) Be the Role Model That Pharmaceuticals Need?

Stethoscope

With drug prices under heightened scrutiny from the public as well as policymakers due to the recent controversy surrounding the EpiPen price hike, there was some surprising and reassuring news from Allergan, a pharmaceutical firm, today.

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Continuity For India’s Central Bank

Rupees in India

On September 4, 2016 Raghuram Rajan, Governor of India’s Reserve Bank (RBI), will step down from his post and be replaced by Urjit Patel. While Mr. Rajan’s term has been marred by partisan disputes and political differences, his contributions in stabilizing India’s economy cannot and should not be understated or forgotten. Continue reading “Continuity For India’s Central Bank”

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Do The Highest-Paid CEOs Deliver The Highest Returns For Investors?

CEO Business Woman

An interesting piece recently put together by Ric Marshall & Linda-Eling Lee from MSCI Inc. answers this very important question for shareholders. The duo studied over 400 large U.S. corporations over a ten-year period, between 2006 and 2015, and concluded that higher pay Continue reading “Do The Highest-Paid CEOs Deliver The Highest Returns For Investors?”

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Comments on Brexit

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I wanted to take a moment to share our thoughts on the major news event today, the “leave” vote in the British referendum to leave the European Union, otherwise known as Brexit. Our thoughts will be limited to the economic and financial impact of the vote, as I will leave the geopolitical implications to the pundits for now. This is not to say that the geopolitical consequences will be trivial, as we believe the vote to leave the European Union was very much related to issues that are not obviously economic, including immigration, border control, and Britain’s relationship with Brussels. However, the geopolitical consequences will take years to play out and are beyond the scope of this update.

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What Has the Fed Been Doing in the Shadows?

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On the surface, many investors and market observers feel that the Fed just recently began to tighten monetary policy with a rate hike in December of last year. However, by looking at the Wu-Xia shadow fed funds rate1, the tightening cycle has been underway for quite a bit longer – since mid-2014, in fact.

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The Garden State’s Future Looks Bright

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We’ve commented on the national economy as well as jobs across our country on several occasions over the past couple months. Today, however, we want to comment on the state of employment in, well, our own state: New Jersey. Just how far has the Garden State come in terms of recovering the number of jobs lost since the pre-recession peak in 2008? Very far, according to the Rutgers Economic Advisory Service (R/ECON). To illustrate how close, Nancy Mantell, the director of R/ECON, recently noted that NJ will match the previous high sometime in early 2017.

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