"We're obviously in the throes of what feels like a correction for the small-cap and growth-equity companies," said David Golden. (ya think?! LOL) Not good news for start ups such as BOX who has filed for IPO and will begin their road show shortly seeking (they hope) high end of the range valuation. Good news for the investor however as we'll be able to scoop up names at lower (not peak) levels. Full story at WSJ
- Due to tighter regulation, banks have reverted back to the use of block trades. There were 48 such deals in the U.S. ust in the first three months of this year, more than in any first quarter since 1998, according to Dealogic. Full story at WSJ
- Markets are instrumental, not intrinsic, for human flourishing. As with any tool, wielding capitalism for good requires deep moral awareness. Only activities motivated by a concern for others’ well-being, he declared, could be truly “constructive.”"Washington needs to be more like the Dalai Lama. Without abandoning princi
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