Friday's Frightful Follies
14 Predictions for 2016 from the Brightest Minds in Finance
November 19, 2015 — 10:01 PM MST by Michael Boyle, Margaret Collins, Pia Gadkari and Yoolim Lee - Bloomberg Markets/BloombergBusiness
Quote:
Watch for a Worldwide Recession
Ruchir Sharma, head of emerging markets equity and global macro, Morgan Stanley Investment Management: “We are now just one big shock away from a global downturn, and the next one seems most likely to originate in China...
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Eh, I don't see this happening. China is making key reforms, correcting excesses and even having some success in creating more of a consumer based economy.
Quote:
Unicorns Will Have Their Moment—or Not
Alan Patricof, co-founder of Greycroft Partners: “I am concerned about the overexuberance in financing of startups. There are just too many at the moment, and there isn’t enough money to sustain them.
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I've also wondered if this current craze won't run out of steam. Presumably it has to but the question then is when and how quickly this worm will turn. 2016 looks safe to me but this bears watching.
I can't figure whether Denver is more or less vulnerable than other places to a decline in tech investing. For example,
Ed Sealover the DBJ ran an interesting article about company Keg Logistics getting a PE investment to grow their business. Denver also already has one of the larger craft beer keg companies with MicroStar Logistics that is also growing rapidly. Both companies are good examples of a tech-related approach to a practical business need.
Have a romantic weekend.