Economic Outlook
US corporate debt, excluding debt by banks – so “nonfinancial” corporate debt – has surged in recent years by all measures and to such an extent that it was featured prominently in the Fed’s Financial Stability Report, in terms of what might trigger the next financial crisis. The Fed is counting total nonfinancial business debts, which include the debts of businesses that are not incorporated. It found about $17 trillion…Click here for full article.

Medmen Enterprises Inc MMNFF 4.41% remains an attractive company to institutional investors. On Friday, the company signed an agreement for a convertible credit facility of up to $250 million from Gotham Green Partners.
MedMen’s subsidiary, MM CAN USA, Inc. will issue convertible senior secured notes totaling up to $250 million on a private placement basis. The notes will be issued in three tranches. The initial tranche will total $100 million, while the other two will be equally split into $75 million each and will be issuable at the option of MedMen, subject to…Click here for full article.


There are many companies working diligently on interesting Artificial Intelligence (AI) projects, ranging from medical imaging to autonomous vehicles and advanced robotics. We see AI as being a disruptive technology that will have long term and far reaching impacts, and the changes envisioned will be evolutionary rather than revolutionary. Machine learning is an iterative process, and each iteration takes time, as well as careful monitoring and tweaking by software engineers. Often these advances spawn ethical and moral questions…Click here for full article.

