Month: June 2021

The CEO Job Is More Difficult Than Ever

The CEO Job Is More Difficult Than Ever

Consider the different variables that were not CEO focus points a decade ago: Diversity policies, ESG policies and the associated costs of compliance, political activism, and activist investors. Low interest rate policy has created a double-edged sword that CEOs have used to issue mountains of low interest rate debt. The Fed's ultra low interest rate … Continue reading The CEO Job Is More Difficult Than Ever

The Hybrid Work Model – One CEO’s Take

The Hybrid Work Model – One CEO’s Take

Most of what I've seen from CEOs suggests that many Technology companies will adopt a hybrid work model with many employees splitting time between home and the office (I would not want to be long CRE in the "Office" segment). Certain Financial Services positions (PMs and Analysts for example) lend themselves well to the hybrid … Continue reading The Hybrid Work Model – One CEO’s Take

Big Tech Firms Will Find It More Difficult To Execute M&A

Big Tech Firms Will Find It More Difficult To Execute M&A

Tickers mentioned: Alphabet (GOOG), Amazon (AMZN), Apple (AAPL), Facebook (FB), Microsoft (MSFT) In May we wrote about Amazon potentially acquiring MGM. That deal was subsequently announced and will be reviewed by the FTC (per the WSJ) under new FTC Chair Lina Khan. We recently mentioned Ms. Khan as being tough on Big Tech. The FTC's … Continue reading Big Tech Firms Will Find It More Difficult To Execute M&A

The Fed Expanded Its Balance Sheet Amidst Tightening Chatter

The Fed Expanded Its Balance Sheet Amidst Tightening Chatter

Amidst the talk of the Fed potentially tightening monetary policy in 2023 or even next year, the Fed expanded its Balance Sheet at its fastest pace since March 17th of this year, growing assets 1.4% from the week prior. This narrative of the Fed potentially becoming more hawkish needs to be put into perspective. With … Continue reading The Fed Expanded Its Balance Sheet Amidst Tightening Chatter

We Expect CEOs and CFOs To Retire at A Record Pace

We Expect CEOs and CFOs To Retire at A Record Pace

We expect CEOs and CFOs to retire at a record pace over the next 12 months due to burnout associated with COVID-19. Last year senior executives scrambled to set-up Work-from-Home environments. This year it will be another headache, namely defining back-to-the-office policies and executing them. At many companies it is the CFO who is the … Continue reading We Expect CEOs and CFOs To Retire at A Record Pace

Is Google’s Search Engine Losing Share to Baidu, Bing & Others?

Is Google’s Search Engine Losing Share to Baidu, Bing & Others?

TEK2day's platform has enjoyed more traffic from organic searches (not Ads nor referrals) over the past several years per the below table. Google searches have accounted for 41.5% of all TEK2day traffic year-to-date, down from 45.5% in all of 2020. The table below highlights Bing (tkr: MSFT), Baidu (tkr: BIDU) and duckduckgo (private) as they … Continue reading Is Google’s Search Engine Losing Share to Baidu, Bing & Others?

Strong Correlation Between M2 Growth & NASDAQ Composite Growth

Strong Correlation Between M2 Growth & NASDAQ Composite Growth

We compared the year-over-year percentage change in M2 (measured each month) to the year-over-year percentage change in the NASDAQ Composite (measured each month on a one-month lag) and found a strong correlation as measured by a correlation coefficient of 81.7%. Our analysis covered the percentage change in M2 from April 2020 (when the money supply … Continue reading Strong Correlation Between M2 Growth & NASDAQ Composite Growth