The CFTC issues final rule modifying the swap clearing requirements

On August 12, 2022, the Commodity Futures Trading Commission (CFTC) issued a final rule modifying the CFTC’s interest rate swap clearing requirement under CFTC Regulation 50.4(a). The final rule modifies the swap clearing requirements in support of the transition from London Interbank Offered Rate (LIBOR) and other interbank offered rates to alternative rates. CFTC Regulation…

The expected impact of CECL on portfolio company valuation

In June 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standard Update (ASU) 2016-13, Financial Instruments – Credit Losses, ASC Topic 326. The ASU requires entities to measure credit losses on most financial assets carried at amortized costs and certain other instruments using an expected credit loss model. The ASU also states that entities…

We Were Very Close to a Disaster Yesterday -Here’s Why

By Gary Brode, Deep Knowledge Investing Tuesday evening, futures markets traded down on news that Apple was seeing lower than expected demand for the new iPhone.  On Wednesday, the markets rallied with the S&P 500 up 2.0% and the NASDAQ up 2.1%.  The reason was the Bank of England announced they would buy long-dated UK…

Relocation Considerations for Asset Management Firms

By Michael Patanella and Eric Coombs, Grant Thornton Many asset management firms are considering shifting significant operations away from traditional centers such as New York and Chicago and moving them to markets such as Florida, the Carolinas, and Texas. In late June, in the latest case, Citadel hedge fund manager Ken Griffin announced he is…

Russia/Ukraine & the Implications for Our Relationship With Adversaries

By Gary Brode, Deep Knowledge Investing Russia/Ukraine and the Implications for Our Relationship With Adversaries (including China). I’m speaking with three members of the Deep Knowledge Investing Board of Advisors: • Dr. John Lenczowski (President Reagan’s National Security Advisor on the Soviet Union and Founder of the Institute for World Politics) • Lt. Colonel (Ret) Jason Galui (West Point economics…

The Reason That “Bad” Economic News is “Good” for the Market

By Gary Brode, Deep Knowledge Investing At various times, there have been situations where economic news that was better than expected led to an immediate market decline, and where negative or disappointing economic news led to the market rising.  This effect has been particularly pronounced this year.  Ever wonder who’s benefiting from a bad economy…

What is Keeping EV’s From Going Mainstream? -Webinar

Gary Brode of Deep Knowledge Investing speaks with ESG investors Laks Ganapathi of Unicus Research about concerns regarding the future of the EV industry. Topics Addressed Include:Critical challenges that are holding EV’s back?What can we do to move batteries to be less expensive and not as difficult to properly dispose of once they are replaced?What…

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