Results for “Last Mile Health”

Notable trends and dislocations (US) The Fed turns more hawkish, though vol remains subdued Last week, unsurprisingly the Fed opted to hike benchmark rates another 25bps. However, the market was more focused on the FOMC’s unexpectedly hawkish message, which indicated that it is...

…ST LIKE EVERY NEW drug the oncologists at Memorial Sloan-Kettering Cancer Center test- ed against bladder cancer in the last 20 years, this one didn’t seem to be doing any good. For- ty-four people in the study were given everolimus in a last-ditch attempt to slow down or stop th...

…nto an entitlement time bomb. If the US does not experience a growth/productivity boom, the burden of higher debt could last for a generation or more. A pro-growth Administration would probably help, but the difficulty lay in defining exactly what that means. Isn't it amazing? 1...

…scored when Ballmer’s letter contained no reference or thanks to Gates, with whom he has been tightly tethered over the last several decades. Its absence has been much discussed internally at Microsoft, where ithas been seen as an unusual slight and a sign of a rift. Gates also...

Eurozone equities Euro Stoxx (27 June): 217 (last month: 215) UBS View Euro Stoxx (6-month target): 223 ¢ The crisis in the Eurozone will remain the main driver in the coming months. After the elections in Greece, progress on the reform program will be closely monitored. Spain a...

…e biggest beneficiaries of the central bank-fueled abundance of liquidity. However, we think the tide may be turning as last week, the Fed, ECB, and BOE all delivered policy announcements with hawkish tones. How far they really go to tighten policy when economic data is weakening...

… to me. He said he would check his source and call me right back. A few minutes later, he did. “You were seen with her last night. You spent the night with her. She didn't come home last night. You punk! He said that he was coming to my office a few blocks away—-which is where...

… good for Africa than she already does..thought of you but she may not be the Swedish girl we look for.... I am packing last minute - did not hear back from you...its ok I understand if it was much to ask for...but you did it last year so now when things are tough you spoilt me.....

UK equities FTSE 100 (27 June): 5,524 (last month: 5,266) UBS View FTSE 100 (6-month target): 5,785 e We continue to like UK equities relative to global ones. An expected improvement in the global economy over the coming quarters should support UK companies as 70% of revenues a...

…ady progressive. As shown in the chart below, effective Federal tax rates for low earners have dropped to zero over the last decade, even after including FICA taxes. News reports that the US tax system is regressive make me want to throw hamburgers at the screen. Revenues and Sp...

“Jeffrey knows a good deal about most subjects,” newspaper publisher Mort Zuckerman told me last week. He was certainly preaching to the converted. The truth is, Epstein does know a lot about a lot of things. Just a few moments in his company and you know this to be true. When I...

In the meantime, | am, at long last, completely at peace with myself. It has been worth all the struggle. Postscript: After “A Sneak Preview of Richard Nixon’ s Memoirs” was published, syndicated columnist Liz Smith—who hadn’ t seen that piece—wrote that H.R. Haldeman had been...

The Last Word: Yikes! When George Bush was elected president of the United States in 2000, it was due to the electoral college, even though his opponent, Al Gore, won the national popular vote. Hillary Clinton was elected senator that year, and she announced that the first thin...

…a rocky but healthy way for a democracy to decide whether mega-deficits are in the long-term public interest. Over the last few days, the Gang of Six plan, the Reid-McConnell plan and the Obama-Boehner plan have all been raised up the flagpole and then lowered. By the end of the...

… Causal Revolution. As Harvard social scientist Gary King puts it, “More has been learned about causal inference in the last few decades than the sum total of everything that had been learned about it in all prior recorded history.” As I contemplate the success of machine learni...