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Commentary

The Everything Rally

By THE LEAD | February 8, 2023

Inflection points are often apparent only in hindsight. While it’s premature to call a top to the current rate and…

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M&A Outlook for 2023 (Last of a Series)

By THE LEAD | February 1, 2023

After a deep-dive into the various elements of the M&A market last year, our panel of five top bankers told…

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M&A Outlook for 2023 (Part Three)

By THE LEAD | January 24, 2023

As it turns out, there’s no better lens through which to examine the effects of the current economic environment than…

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M&A Outlook for 2023 (Part Two)

By THE LEAD | January 17, 2023

Any attempt to predict what the future investing climate will be is bound to be an iffy proposition. This point…

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M&A Outlook for 2023 (Part One)

By THE LEAD | January 10, 2023

The beauty of good vacations, aside from their restorative powers, is the opportunity to reflect on the big picture. On…

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The Alternative Pipeline

By THE LEAD | December 20, 2022

We noted last week the state of play with the Fed’s battle to slay the inflation dragon without also cratering…

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Soft Landings, Hard Choices

By THE LEAD | December 14, 2022

This week the Federal Reserve raised interest rates by 50 bps at its December meeting, following four consecutive increases of…

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Private Credit – Why Now? (Last of a Series)

By THE LEAD | December 8, 2022

A veteran of leveraged lending and astute Lead Left reader disagreed with our statement last week that private credit terms…

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Private Credit – Why Now? (Third of a Series)

By THE LEAD | November 30, 2022

The clock is ticking on interest rate hikes. Who will win the fight on inflation: the Fed with a soft…

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Private Credit – Why Now? (Second of a Series)

By THE LEAD | November 16, 2022

Last Tuesday the winner of the largest Powerball jackpot winner in history – $2.04 billion – was announced (but not…

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