During the mortgage bubble in the early 2000s, when investors were feverishly trading faulty subprime bonds, a few savvy skeptics recognized the bonds were doomed, so they bet against them. They shorted the bonds and made billions. Now one of those players is doing the same thing, but not on subprime. He’s doing it based on […]
Archives for 2020
Access Denied: Representation
The lack of Black representation in the financial services stems from two interconnected problems. Black professionals face significant hurdles once they break into the industry. And the presence of nearly 175,000 Black financial professionals displays that their widespread absence at the upper executive ranks isn’t a product of an insufficient talent pool. Featured guests: Suggestions […]
Small Caps Break Out of Two Year Consolidation
I wrote about last week’s breadth thrust over the weekend – a development that’s gotten all of the finest technicians in the land bullish about the coming months for stocks. Breadth thrusts at new highs rarely signal the immediate top for a bull market. I like to think of them as confirmation that things are […]
Why Broker-Dealer Forgivable Notes Aren’t (Really) Forgiven And Are Instead Ultimately Paid Back By Clients
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New social impact trust aims to raise £100m
Schroders is aiming to raise £100m for a new Social Impact investment trust to be floated on the London Stock Exchange. The Schroder BSC Social Impact Trust aims to be the first London-listed investment company to deliver “measurable positive social impact as well as long term capital growth and income.” It will invest in a […]
Seymour accounting firm merges – Seymour Tribune
Staff Reports Agresta, Storms and O’Leary PC recently announced it has merged with the Columbus and Seymour offices of Evansville-based Kemper CPA Group. As a result of this acquisition, the Columbus office of ASO will move from its current location to the Kemper offices on Washington Street in downtown Columbus around Jan. 1, 2021. It […]
Stronger and smarter: Putting local first
The posts in this series have been drawn from Xero’s Stronger and smarter: a small business handbook. Designed to help small businesses determine which steps to take next, this practical guide uncovers the 10 trends shaping the future – so you can come back stronger and smarter than ever. If you’re a small business who […]
Are you an accountant who communicates with your client’s bookkeeper?
As qualified bookkeepers and not qualified accountants we don’t offer accountancy compliance services such as tax returns, partnership or limited company accounts. This is because, whilst we may have covered the foundation of these in our bookkeeping qualifications, we don’t have the knowledge or experience to give our clients the advice they need on tax […]
Facing Your Accounting Fears
You own a small business. You are reluctant to move the financial and accounting work out of house. Why? Often, it comes down to money. It seems like an expensive proposition. The ironic thing is, it can cost your business more if you don’t have an accountant on your team. Am I saying this because […]
Biden will announce first Cabinet picks on Tuesday, chief of staff Klain says
U.S. President-elect Joe Biden removes his face mask as he meets with Speaker of the House Nancy Pelosi (D-CA) and Senate Minority Leader Chuck Schumer (D-NY) at his transition headquarters in the Queen theater in Wilmington, Delaware, U.S., November 20, 2020. Tom Brenner | Reuters President-elect Joe Biden will announce cabinet appointments this Tuesday, incoming […]