Aug 30, 2017

Aerospace/defense market preps for largest-ever merger

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The world's fast-growing mountain of debt

The world's total debt surged by some $9 trillion in the first three quarters of 2019, according to data from the Institute of International Finance, bringing the world's total debt load to $253 trillion, or 322% of its GDP — a record high.

Why it matters: In times of economic strength, economists exhort countries to pare back their debt burdens and pay it down to protect against future unrest and downturn.

Go deeperArrowJan 13, 2020

The 2010s: When all companies became tech companies

Tech companies dominated the 2010s, with the FANG stocks (Facebook, Amazon, Netflix, Google) helping the S&P 500 return more than 350% over the course of the decade. The index would have done even better had it included Domino's Pizza, which is also a tech company.

Why it matters: These companies don't look like the tech firms of earlier decades. They don't manufacture computer hardware; neither do they sell software. They don't even make high-tech planes, like Boeing, or high-tech cars, like Tesla.

Go deeperArrowJan 2, 2020

U.S. private equity firms raised record $300 billion in funding in 2019

Illustration: Illustration: Lazaro Gamio/Axios

U.S.-based private equity firms raised more than $300 billion for new funds in 2019, according to data released this morning by PitchBook.

The intrigue: It's an all-time record, topping the $241 billion raised in 2016, and a 52% bump over the $198 billion raised in 2018.

Go deeperArrowJan 10, 2020