Research

July 27, 2025 - Markets have always been unpredictable in the short term. Ever since President Trump's inauguration, uncertainty surrounding market direction, the regulatory environment, and economic policy, has been amplified. Immediately after the U.S. election, investors initially anticipated higher economic growth and elevated inflation, along with a…

July 21, 2025 - In the 1960s, the United States government was spending heavily on international and domestic policy, funding the Vietnam War while simultaneously expanding domestic spending through President Lyndon B. Johnson's "Great Society" programs such as Medicare, Medicaid, civil rights initiatives, and anti-poverty measures. By the mid-1960s, the…

July 10, 2025 – AlphaRank Factor Performance represents the daily historical performance of Accelerate’s proprietary model factor portfolios. (more…)

June 30, 2025 - The fundamental principle of a business is to generate an economic return from productive assets. Typically, a business identifies a need in the market, creates a product or service to meet that need, and delivers it to customers while capturing value in…

June 22, 2025 - Writing about markets is not only therapeutic, but it is intellectually clarifying. Putting the proverbial pen to paper allows one to reframe events, explore various scenarios, and to make sense of the complex dynamics inherent in world markets. These investment memos typically get…

June 12, 2025 – AlphaRank Factor Performance represents the daily historical performance of Accelerate’s proprietary model factor portfolios. (more…)

June 2, 2025 - Like most segments of the capital markets, merger and acquisition activity is cyclical and subject to the whims of market sentiment. When risk assets are performing well, volatility is low, and credit markets are open, animal spirits come alive and deal activity…

May 31, 2025 - Private credit delivered relatively solid performance in the first quarter, reflecting resilient fundamentals amidst trade war-related volatility, although certain risks continue to warrant close attention. Several key themes have emerged in the asset class as the macroeconomic picture rapidly evolved and trade…

May 20, 2025 - Of all the words to describe economic and market conditions in April, "chaotic" seems to be the most accurate. A government policy framework driven by chaos, in which actions and directives have been unpredictable, inconsistent, and poorly designed, has ruled the roost…

May 9, 2025 – AlphaRank Factor Performance represents the daily historical performance of Accelerate’s proprietary model factor portfolios. (more…)