Sat.Jun 17, 2023

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“Today’s market pivots from a funeral to a party as fast as a VFW hall.”

The Reformed Broker

Please read this from Michael Santoli: Just as the depth of despond evident in investor-sentiment gauges around Labor Day was out of proportion to what the market and economy had been doing, the volume of cheer engendered by this four-week, 9% rally looks to be running at least a bit ahead of what has, after all, been a marginal upside exit from a long, grinding trading range.

Marketing 140
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MiB: Gretchen Morgenson on Private Equity

Barry Ritholtz

This week, we speak with Gretchen Morgenson, senior financial reporter for the NBC News investigative unit. A former stockbroker and alumna of the New York Times and Wall Street Journal, she won the Pulitzer Prize in 2002 for her “trenchant and incisive” reporting on finance. She (and coauthor Joshua Rosner) recently published “ These Are the Plunderers: How Private Equity Runs―and Wrecks―America.

Economics 127
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This Week on TRB

The Reformed Broker

We did Austin big this week. Supersized. BBQ, country music, sports bars, meetings, dinners, lunches, walks, scooters, forget about it. What a city. Some pics from the trip below: We were posted up at The Line hotel all week. When we bumped into the Ameriprise gang, there was quite a scuffle. Three hospitalized, two arrests. This is La Piscina, a Tex Mex spot on the pool deck of the Proper Hotel.

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10 Weekend Reads

Barry Ritholtz

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Who Builds The Internet? Meet Wikipedia’s Architects : The world wide web of Wikipedia, as told by its editors. ( Byline ) • Microsoft’s Sudden AI Dominance Is Scrambling Silicon Valley’s Power Structure : The company has quietly cornered the emerging software market, and it’s preparing to cash in. ( Businessweek ) see also How Nvidia Became ChatGPT’s Brain and Joine

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.