Fed Getty Images Forbes | James Alexander Michie

The Fed is going to buy stocks. I don’t know precisely when (sorry day traders), but it will happen, and probably soon. The first half of the Fed’s dual mandate is to promote maximum employment — that means avoiding and mitigating recessions. Supporting the S&P 500 is central to this effort, not […]

Distinctions between public and private markets have been gradually diminishing. Historically, public markets acted as a significant source of capital and liquidity for growing companies and their shareholders; in recent years, however, liquidity has been shifting towards private capital. Research estimates that private capital markets (comprising both private equity and […]

Denver Post Getty Forbes | James Alexander Michie

More than 600 of the nation’s physicians sent a letter to President Trump this week calling the coronavirus shutdowns a “mass casualty incident” with “exponentially growing negative health consequences” to millions of non COVID patients. “The downstream health effects…are being massively under-estimated and under-reported. This is an order of magnitude […]