Research

September 28, 2024 - Merger arbitrage is an investment strategy that capitalizes on the spread between a company’s current share price and the consideration paid for its acquisition in light of an announced merger transaction. The merger risk premium— or the spread between the acquisition price…

September 21, 2024 - Coming into the Federal Reserve's first rate cut since March 2020, investors and economists were reading the tea leaves for one key question: 25 or 50? The central bank put an exclamation point on the undertaking on Wednesday, choosing to "break the…

September 10, 2024 – AlphaRank Factor Performance represents the daily historical performance of Accelerate’s proprietary model factor portfolios. (more…)

August 31, 2024 - The phrase, "picking up pennies in front of a steamroller," is often used on Wall Street to describe an investment strategy offering small, consistent gains but involves taking on significant risk. The idea is that while you might be able to pick up some pennies…

August 19, 2024 - The 2024 Paris Olympics wrapped up this month featuring standout performances from sharpshooter Yusuf Dikec, breakdancer Raygun, and the ever present Snoop Dogg. By standout performance we mean meme-worthy entertainment. Alas, now society's collective attention moves to the world's next big star-studded event, the next…

August 9, 2024 – AlphaRank Factor Performance represents the daily historical performance of Accelerate’s proprietary model factor portfolios. (more…)

July 30, 2024 - Just as motor oil lubricates an internal combustion engine, allowing a car to operate at its peak efficiency, interest rates grease the M&A machine, facilitating mergers and acquisitions as companies seek profit growth and expansion into new markets. However, the level of…

July 27, 2024 - In last month's edition of Top Stocks, we discussed the issue of narrow market leadership and the implications of the lack of stock market breadth. In the memo, we stated: "The lack of market breadth, explained by the significant multiple expansion of a…

July 10, 2024 – AlphaRank Factor Performance represents the daily historical performance of Accelerate’s proprietary model factor portfolios. (more…)

June 25, 2024 - In last month's Merger Monitor, Hipster Antitrust, we discussed the FTC's aggressive approach to antitrust regulations. We concluded that its actions have thus far not resulted in a demonstrably higher deal termination rate nor longer average deal timelines (at least not yet). So far,…