Doing a 180° on Financial Forecasts You have to scramble pretty fast to stay ahead of the punditocracy. Given how utterly they (it?) miscalled the election, what can you expect the most nimble prognosticators to do now? A quick 180°. So, get ready for a succession of headlines blaring: “Coming Soon: The Trump Boom!” “Cashing...Read More
From Flailing to Flourishing, With No Pain or Sacrifice “GE Capital Chief to Retire After Pivoting GE’s Finance Arm” –headline, The Wall Street Journal (8/30/2016) Once upon a time, corporations, sports teams, and election campaigns(!) that were flailing underperforming got restructured, overhauled, or otherwise remade (presumably, into something more focused, efficient, and — hopefully —...Read More
