Instant Alert: This is the presentation that has Wall Street freaked out about big conglomerates

MANAGE SUBSCRIPTIONS   |   UNSUBSCRIBE   |   VIEW ONLINE   This is the presentation that has Wall Street freaked out about big conglomerates by Linette Lopez and Lucinda Shen on Nov 3, 2015, 2:28 PM Advertisement At the Grant's Interest Rate Observer Conference last month, one presentation got all of Wall Street talking. And worrying. JHL Capital's James Litinsky gave his take on one of the stock market phenomena of our time: How merger mania, fueled by low interest rates and a raging bull market, has turned some companies into massive conglomerates. To him, it resembles another boom (and eventual bust) cycle — the 1960s Go-Go era. Back then, interest rates were also low, and hungry investors also collided with aggressive CEOs. However, the music stopped when interest rates rose, earnings started to look anemic, and stocks started to slide. With JHL's permission, we have the full presentation for you here for your consideration.  No one likes being caught off guard, after all. Money's been easy for quiet some time. The same thing happened back in the 1960s. These companies got huge back then. See the rest of the story at Business Insider   Share the latest business news with your network: Email sent to:   |   Manage your email preferences   |   Unsubscribe Terms of Service   |   Privacy Policy Business Insider. 150 Fifth Avenue, New York, NY 10011