For startups, achieving unicorn status is a big deal. Companies valued at more than $1 billion look more formidable to competitors, customers, and recruits—and less like the fly-by-night startups they may actually be. Thus, for the past three years, Continue reading →
The New Year’s rally has pushed the S&P 500 Index to its best start since the administration of George W. Bush. Now it’s bumping against speed barriers that marked the upper limits of bull markets for decades.
A prolonged bull market across stocks, bonds and credit has left a measure of average valuation at the highest since 1900, a condition that at some point is going to translate into pain for investors, according to Goldman Sachs Group Continue reading →