Managing the “healthcare research” desk in this market can be tough
June 30th, 2009
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With the U.S. economy experiencing its biggest pullback in nearly 60 years … any notion of investing is being put to the test. Trust and confidence has been eroded for investors.
All I hear is moaning about the lack of access to the market. VC’s cry their investing model is broken, can’t raise new funds, lack exits or are breaking up. Most asset managers continue to lament the elevated metrics of risk; but, still say … I am sitting on a lot of cash just waiting … for … some sign … but when asked to define the … what or event … they say, they just don’t know!
Categories: Independent Equity Research
