We did a Twitter poll and it showed that more than 70% of people who responded didn’t think the Big Beautiful Bill would be good for America. Given how right to center right and MAGA X tends to lean, I didn’t expect that.

I’m looking forward to the McGuireWoods LLP Charlotte HealthCare Growth and Operations Conf in Sept. This is a great operation every year and I’m excited to bring the Becker’s Healthcare and Becker Business Podcast + Becker Private Equity Podcast team there to record for several hours. This will be great

NVIDIA has stabilized for the moment above $4 trillion. We also did this poll. Is it too late to invest in Nvidia. 34% said yes. 40% said no. 26% said I don’t know.

Bitcoin has rallied to a record price.

The markets slip lower as the President rattles the tariff sword. I think the President may have one bit of ADHD. AllianceBernstein Holding L.P. (“AB Holding”) (NYSE: AB) announced that preliminary assets under management increased to $829 billion during June 2025 from $803 billion at the end of May. Alliance

Happy birthday to ace investment banker and scratch golfer Jeff Golman Mesirow Capital Markets & Investment Banking. Also Thank you to Todd Lippman CBRE and the work you do to support Providence St Mel.

I’m thrilled to give a talk this week July 9th at the Next Level Exchange summer event. The talk is focused on building businesses – lessons from a career of wins and losses. There I will be interviewed by brilliant author and leader Kevin P. Davenport 👔. The talk is

The largest private equity funds are starting to find their footing. Throughout the year they have been down nearly 20 to 25%. Now Blackstone is down 10% and KKR is down 6%. Big deals are picking up. Mid size and smaller deals still lag. But see “KKR Strikes Back: $5.6

Tesla drops this morning after Elon Musk jumps back into politics. “Tesla’s Musk Launch of New Political Party ‘Exactly the Opposite Direction’ Shareholders Want, Wedbush Says”. MT Newswires. Tesla is down nearly 7% early today and down nearly 22% year to date. See also “https://lnkd.in/gFhCxdcB“. Palantir Technologies is up nearly

Futures point down this morning after notching record after record highs. “Stock market today: Dow, S&P 500, Nasdaq futures fall as Trump warns of 10% BRICS tariff, deals deadline looms”. “https://lnkd.in/g6hGFYez“. See also “US consumers plan to cut back this summer as tariff worries weigh on spending: Yahoo Finance/Marist Poll”.

lululemon sues Costco Wholesale. “Lululemon slapped a lawsuit against Costco on Friday, accusing the wholesale club operator of selling lower-priced duplicates of some of its popular athleisure apparel.” Lululemon is down 35% year to date. Costco is up more than 7%. When business is struggling, look for distractions. See https://lnkd.in/gv48WAVF

The three biggest losers out of the 500 stocks in the S&P 500 index through mid year are UnitedHealthcare, Deckers Brands and Enphase Energy. Deckers is down 48% year to date and United is down 35% year to date. “These 3 Stocks Have Been the Worst Performers in the S&P

Tesla dropped more than 5% yesterday and is down 25% year to date. While its sales slightly grew in China, it is expected that its overall sales declined in the quarter. The big questions are can it stabilize car sales and grow its robot and autonomous vehicle business. See Yahoo

Medicaid managed care giant Centene Corporation is down 28% pre market as it pulls its full year guidance. It says its facing much more uncertainty than expected. Centene over the last several years became the leader in working with states on managed Medicaid programs. See https://lnkd.in/gM-VjKF7

The tax bill passed the Senate and will move to the House. The bill passed the Senate by a 50 to 50 vote with JD Vance having to cast the tie breaking vote. Three Republican senators voted against the bill. The bill, which is quite different than the original House