IF

IF

IF Thomas C Schleifer, Ph.D. It is somehow comforting when other experts confirm your view of the world. Just this week in Engineering News Record:  ENR October 12, 2022 Construction Wages Grow at Fastest Rate in Decades Despite Recession Threat By James Leggate...
Recession – Yes or No?

Recession – Yes or No?

Recession – Yes or No? Thomas C Schleifer, Ph.D. As the Fed uses interest rates to joust with inflation, everyone wants to know if we’re headed into a recession. The dreaded R word is on everybody’s mind. Do I think we’re in for an immediate recession? How severe will...
In The Eye of the Beholder

In The Eye of the Beholder

In The Eye of the Beholder Thomas C Schleifer, Ph.D. Wall Street investment advisors are beginning to act like contractors. Hedge fund managers now value tech companies based on a multiple of future revenues rather than a multiple of past earnings. Revenues trump...