Washington faces a global market ‘rebellion’ over record U.S. debt

The global economy is approaching the point of no return courtesy of mounting government debt, believes JPMorgan Chase CEO Jamie Dimon, and it will lead to a massive falling-out of markets and federal institutions. Currently the American national debt stands at $34.14 trillion—about $100,000 for every person in the U.S.—with the debt ceiling currently suspended until 2025 courtesy[…]

Ten Predictions for How COVID-19 Will Transform Private Equity

The activism inherent in private equity’s investment-for-control thesis makes it particularly supple when it comes to adapting to crisis situations like that brought on by today’s COVID-19 pandemic. Optimism concerning private equity’s ability (and incentive) to collectively roll up its sleeves and transform challenges created by this crisis into opportunity – often through creative destruction[…]