From Randgold to Barrick: Mark Bristow is revitalizing an old giant

One can make the argument that the best thing emanating from the Randgold takeover by Barrick (GOLD) was the CEO. As the merger negotiations finalized, Mark Bristow became the new Barrick CEO. Mr. Bristow has a remarkable track record as Randgold’s CEO. Picture credit: Mines and Money He credits much of Randgold’s success to the… Read More From Randgold to Barrick: Mark Bristow is revitalizing an old giant

Who’s going bankrupt? Assessing The COVID-19 Impact On US Automakers

Summary Assessing the duration of the lockdown is the real key to understand the impact on the economy. Industries a with high proportion of fixed costs will be more vulnerable to a long stint. We assess the possible impact of the lockdown on US automakers. Make no mistake. The current crisis will be life-threatening to… Read More Who’s going bankrupt? Assessing The COVID-19 Impact On US Automakers

Keep an eye on the corporate credit market during the COVID-19 crisis

Photo credit: Federalreserve The credit market will be pivotal during the current crisis. In 2008, we had a problem in the credit market (Subprime mortgages), which made financial institutions move into credit tightening mode. Soon, that start cascading into the real economy. The current environment inverts that relation. The problems start with the real economy… Read More Keep an eye on the corporate credit market during the COVID-19 crisis