The Week That Matters (5th-9th Dec, 2022)

"Hitherto, the rights and wrongs [in this war] had seemed so beautifully simple" George Orwell, Homage to Catalonia

Coupa Software Acquisition - a turning point for SaaS multiples?

While the street continues to be focused on declining Earnings Per Share, one fund manager last week talked about valuations for stocks actually expanding. Jim Paulsen of Leuthold Group (not to be confused with John Paulsen!) argued the lows for the market are in and that multiples are set …