

Not Too Big To Fail
10 snips Mar 10, 2023
Jason Moser, a Senior Analyst, and Matt Argersinger, another seasoned analyst, dive into the shocking collapse of Silicon Valley Bank and its effect on the financial landscape. They discuss the February job report, the 'Lipstick Effect' benefitting Ulta Beauty, and recent trends in companies like DocuSign and Vail Resorts. Joining them, Nell Minow, Vice Chair of Value Edge Advisors, shares her take on corporate governance, critiques stock buybacks, and even offers her predictions for the Oscars. Plus, stock picks like InterDigital and Global Industrial Co. get a spotlight!
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Strong Jobs Report
- The February jobs report signals a strong economy with growth in services, leisure, and hospitality.
- The Federal Reserve's interest rate hikes will impact the economy but with a delay.
Silicon Valley Bank Collapse
- Silicon Valley Bank (SVB) collapsed after announcing a $2B loss and subsequent bank run.
- The event raises concerns about systemic risk and the broader financial sector.
Improving Share Buybacks
- Restrict executives from selling shares during buybacks, demonstrating commitment to undervaluation.
- Adjust earnings-per-share targets in buyback calculations to prevent manipulation for bonuses.