Research

June 1, 2026 - The great SPAC boom kicked off in the spring of 2020 as markets bounced back from the record-quick Covid bear market. Due to the pandemic-led global recession, governments and central banks around the world unleashed an unprecedented combination of fiscal and monetary policy…

May 30, 2026 - Marking an investment to market involves valuing the asset based on its current market price, rather than its historical cost or what the asset owner thinks  it "should" be worth. For example, if a fund bought a bond for $100 and comparable bonds…

May 25, 2026 - “The only function of economic forecasting is to make astrology look respectable,” quipped legendary economist John Kenneth Galbraith. Galbraith's line is a sharp jab aimed at the difficulty and false precision inherent to economic forecasts. He compares economic forecasting to astrology because both can appear…

May 16, 2026 – AlphaRank Factor Performance represents the daily historical performance of Accelerate’s proprietary model factor portfolios. (more…)

May 1, 2026 - The world of finance is littered with three letter acronyms. To add to the plethora of those regularly discussed in this memo (to be fair, it is about M&A and SPACs), CVR is one that should be in investors' lexicons. We previously…

April 27, 2026 - One of the biggest challenges that an investor may face is buying a stock when it is trading at its 52-week high. There are several reasons why buying at this level can be psychologically difficult: Investors anchor to lower past prices. If…

April 9, 2026 – AlphaRank Factor Performance represents the daily historical performance of Accelerate’s proprietary model factor portfolios. (more…)

April 4, 2026 - Liquidity is defined as the ease and speed with which an asset can be converted into cash at or near its current value without materially impacting its price. As an asset class, private credit is inherently illiquid. Loans are typically directly originated, not…

March 30, 2026 - Seemingly every spring, geopolitical chaos erupts, causing equity prices to slump, interest rates to surge, and corporate deal activity to plummet. Last April, there was the emergence of the U.S trade war, which introduced tariffs, supply chain disruptions, and persistent policy uncertainty, the…

March 22, 2026 - The concept of value investing, implemented as buying an asset for less than it is worth, appears to be simple and intuitive on the surface. However, from a practical standpoint, sticking with a strategy that invests in securities trading below their intrinsic…