Stay-at-home orders have been a boon for video streaming and video gaming. With traditional sports suspended and people stuck indoors, e-sports is having its turn in the limelight. Will e-sports finally become the opportunity it was once touted to be, or will it once again be relegated to the sidelines post the coronavirus?
Month: April 2020
Despite unprecedented actions by the Fed in the wake of COVID-19, high yield borrowers do not have a Fed liquidity back stop. Fundamental price discovery should continue for these businesses with respect to their balance sheet solvency (i.e. capital structure) and cash flow solvency (operating structure / business model). Over the long term, no amount of liquidity will save a broken business model, while a broken balance sheet will destroy a lot of capital and replace existing shareholders.
In advertising it is often said that ad dollars follow eyeballs. Despite the fact the people are consuming more digital media due to the current COVID-19 crisis we are seeing evidence of the digital ad market taking a hit. The COVID-19 pandemic has shown a remarkable ability to disrupt even the most resilient of businesses.
What with the equity market around the world having changed significantly in the past few weeks as the markets corrected from record highs, investors look to weigh up the potential buying opportunities. We recently held a webinar to address this scenario and here is a lowdown of the commonly asked questions.