Breaking (Down) the Debt Ceiling
In the Boardroom With Resnick and Fuller - Episode 4
The Consequences Of Rising Inflation & Crude Oil Prices
Consumer Protection and Safety and Soundness Perspective of Credit Union Regulation - The Consumer Finance Podcast
Businessweek Reporter: BigLaw Is "Crash Landing"
With Radical Changes, Law Firms Can Beat Recession
In 2023, despite aggressive predictions of a near-term recession, the economy remained relatively steady. This resulted in an uneven year for restructuring. Substantial money has been raised in the private credit markets and...more
It’s a good time for disaster movies…Civil War, The Day After Tomorrow, Armageddon and, of course, in the theatres right now, Godzilla vs. King Kong. Fun on the big screen, not so much in real life. Have you seen Godzilla...more
The bond yield curve inverted in October 2022. When that occurred, it started a countdown to recession. At least it has every time since 1968. Specifically, for the last eight recessions since 1968, every single recession was...more
Help wanted. Since March 2022, the Federal Reserve has increased its target interest rate from a range of 0.25-0.50 percent to 5.25-5.50 percent, the steepest rate increases in four decades. The purpose of the increases was...more
As odd as it may seem and as odd as it is to say, what the municipal market, medium-sized banks, and the real estate market need is a good old fashioned (but not too severe) recession. On July 26, the Federal Reserve Board...more
Recent legal tech layoffs are part of a larger trend of cutbacks in the tech industry. What will the consequences be? We can look at the volatile history of tech for clues. With the looming possibility of a recession,...more
In 4Q22, volatile market conditions persisted, including high inflation, rising interest rates, recession anxiety and geopolitical uncertainties. The impact of these conditions was reflected in decreased loan market activity,...more
Welcome to Debt Download, Goodwin’s monthly newsletter covering what you need to know in the leveraged finance market. We hope your year is off to a good start!...more
The Cozen Lens- •Presidential re-election campaigns are generally a referendum on the incumbent, but for President Biden, the negative case for a second term (i.e., he’s not former President Trump) is stronger than the...more
While an economic downturn is always possible, 2023 is likely to present more financial challenges to corporations, and legal ops in particular, than recent years. This economic climate will affect corporate legal...more
Key Points In the U.K., looming economic uncertainties are expected to play a significant role in M&A activity at almost all stages of the acquisition life cycle, from sourcing deals to financing, due diligence, negotiation...more
Retail sales increased 8.0% in October, exceeding the CORE CPI of 6.3%; and monthly retail sales were up .9% over September totals, exceeding the monthly inflation index of .4%, but much of this gain was due to inflation...more
The U.S. loan market continued to cool in the third quarter, amid an uncertain economic outlook. Geopolitical risks, rising interest rates and a continued threat of recession have caused lenders to focus on credit quality as...more
How quickly things have changed. Just a year ago, the Federal Open Market Committee (FOMC) gave a picturesque view of the economy. Any inflation was transitory and would likely fall to 2% in 2022. The federal funds rate would...more
Key Highlights - - Concerns of global recession top of mind in uncertain economy - Q2 M&A volume down slightly, mid-market remains robust - Pricing of deals could be a challenge, strategic accretive acquisitions...more
Economic Downturn? The Federal Reserve’s Open Market Committee announced last week that it would raise the Fed’s baseline interest rate by 0.75 percentage points, the largest such increase since 1994. ...more
We certainly have an abundance of bad bits and bobs out there right now, don’t we? War, pestilence, chubby dictators with rockets, buff dictators without souls, miscellaneous threats to world peace. It’s everywhere. ...more
How Investors Value Real Estate Return on investment (ROI) drives real estate prices. Much of the time, investors calculate value by applying their desired return to net operating income (NOI). For example, if an investor...more
Millennials. Everyone has an opinion, especially us. We are “entitled,” “spoiled,” and “lazy” to some; “diverse,” “educated,” and “confident” to others. Try this: “resilient.” Millennials rode the 90’s boom straight into...more
The Federal Reserve continues to roll out multiple measures to strengthen the economy during the COVID-19 pandemic. Many of these measures are intended to buffer the housing market, which is affected by broader macroeconomic...more
The number of corporate Chapter 11 filings in the United States remained relatively low in 2019. An estimated 6,000 business bankruptcies were filed (based on the data available at the time of writing), which, if it holds up...more
We’ve been keeping tabs on the high-profile CEOs who have withdrawn from Saudi Arabia’s coming investment conference over the past few weeks. But pulling out the conference is very different from severing ties with the...more
Nearly one year ago, we wrote about auto loan delinquencies’ potential impact on the automotive industry. Now, car sales are falling and auto loan delinquencies are making headlines again, with a growing number of subprime...more