The latest adventures of Super Mario and the upside-down European bond market One man is dominating the discussion among traders today: Mario Draghi. The president of the European Central Bank lit a rocket under stocks and bonds yesterday by hinting that the ECB is open to boosting its regular bond purchases—currently worth €60 billion ($66.7…
Day: October 27, 2015
Why More M&As Is a Sign That Scale Is No Longer an Advantage
Why More M&As Is a Sign That Scale Is No Longer an Advantage We’re living through an era of remarkable U.S. corporate consolidation. A recent USC study shows that across multiple and diverse markets, industries are 25% more likely to be “highly concentrated” than they were 20 years ago. From banking tocomputing to beer, mergers…