Skip to Content

Category: Investment Firm

Ted Bauman: How Much Higher Can Stocks Go?

October 6, 2018 • fishcarolina

The stock market in the US is continuing to break records, but there are numbers of individuals on Wall Street who feel that the bull market is about to come to an end. Economist Ted Bauman is one of the individuals who are not so enthusiastic regarding the stock market because he feels there are factors that will force equity prices down. One of these factors is that stock prices are overvalued on almost every metric. Stock prices are now as overvalued as they were during the Dot Com bubble in 2000. Ted Bauman believes that eventually, these overvalued equities will return to their fair value, meaning they will have to come down.

Ted Bauman believes that the federal reserve raising interest rates will also exert downward pressure on the stock market. He feels that if the Fed Fund rate hits four percent, the bull market in stocks will officially end. Many other analysts are pointing to a rate of around the three percent range taking a toll on stocks. The federal reserve will probably continue to raise rates as long as the US economy continues to do well and could hit four percent by 2020.

Ted Bauman feels that interest rates may never get to four percent and stocks may end up declining due to the ongoing trade war with China. President Trump has claimed many times that the rest of the world, particularly China, has been taking advantage of the United States in terms of trade. Trump feels that imposing tariffs will even the playing field. Mr. Bauman pointed out that retaliation from China may hurt major corporations who do regular business with China. These corporations will earn significantly lower revenues and it will eventually reflect in their share prices. The trade war is the biggest threat to the bull market in Mr. Bauman’s opinion and he believes that if it doesn’t end it will hasten a bear market in stocks.

Ted Bauman is the editor of the Bauman Letter. He graduated from the University of Cape Town with degrees in History and Economics. He specializes in asset protection and low-risk investing strategies. He feels that investors should now take caution in the markets.

For details: ideamensch.com/ted-bauman/

OVER TWO DECADES OF FORTRESS INVESTMENT GROUP

September 30, 2018 • fishcarolina

Founded on 1st January 1998, Fortress Investment Group has seen all the weather and seasons associated with operating in the financial sector of the economy. The company has dedicated itself to providing management services to alternative assets, liquid hedge funds, credit funds, and assets in private equity. With over two decades in the marketplace, the firm has employed over 3000 number of employees in its facilities.

Fortress Investment Group is a private equity firm founded by three key notable figures in the finance industry. The co-founders of the company include Peter Briger who serves as a principal and co-chairman of the Board of Directors. Randal Nardone is also a co-founder of the investment company. He acts as a principal and director of the firm. Wes Edens is also among the co-founders of the company.

The company is currently trading at the New York Stock Exchange. Since its formation, the firm has had a total of 11 exits, 4 number of funds and a total of $2.7 billion regarding raised funds. In the past, the company had 20 serving members but has currently reduced this number to 7 only. It has so far announced 2 acquisitions, that of CoreVest American Finance and Liberty Group Publishing.

Recently, Fortress Investment Group received over $1.74 billion amount of funding for its Brightline project. This amount will come in handy in the expansion of the train’s route from Miami to West Palm Beach and Orlando. The funding was placed when Florida Development Finance Corp in a unanimous vote allowed for the approval of over $1.13 billion in federal tax on exempted bonds. Another $600 million was refinanced from the already approved private equity bonds. Among the goals of the company is the completion of this route by 2021. Plans are already underway for the course to be expanded further to Tampa.

Since the Brightline project started, Fortress Investment Group has reported a number of successes with their operations. Several routes have been completed, and business is already underway in these places. The project was started in January, and by 13th January, the trains were already en route from West Palm Beach although to destination Fort Lauderdale. It expanded service on May 19th to cover Miami.

https://therealdeal.com/new-research/topics/company/fortress-investment-group/