I'm Jack Li

Welcome to Deals In The Market With Jack Li, a weekly update of the US TMET M&A market providing my in-depth analysis of transactional trends. And tennis commentary.

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Tuesday, February 24, 2009

Drop Shot

I apologize to my readers for the lack of updates over the last two and a half months. Truthfully, there are just no deals in the market. The stock market has continued to drop since my last update and is almost half of what it used to be in October 2007.

 

One of my readers asked, “What does it take in order for the financial markets to turnaround?” The solution is actually quite similar to retrieving a drop shot in tennis. We must counter with speed, precision, and placement. Unfortunately, we have yet to learn how to do all three correctly (unless you are Roger Federer or Rafael Nadal of course). Do you think we can finally grow out of being Andy Roddick? I guess only time will tell.