News

China Update

CHINA UPDATE

  August 2018

Chinese tariffs? Currency manipulation? Banking bubble? We had to go to China to see for ourselves.

Our 8-day trip to southern China and Hong Kong was very eye opening. Again, we witnessed this powerful country’s strong infrastructure moves, continuing construction of massive factories and skyscrapers, and hordes of people at every turn.

Tariffs were the main topic of discussion. There is general concern that the duties will endure and long ...

Pregaming the Chicago Office Show: NEOCON

The environment heading into Neocon is upbeat—with stock prices high, the general economic environment strong and the M&A industry hot. This confluence of positive indicators, along with the recent announcement of a terrific new acquisition for the industry, leads Stump to be bullish about the show next week and the M&A market for the 2nd half of 2018.

We are pleased to share that HAT Contract has been purchased by Innovative Workspaces, a portfolio ...

Spring HD Vegas Furniture Market

HD Vegas was upbeat and busy. We spoke with over 60 CEOs during our 48 hours in Vegas. The majority were optimistic, with most CEOs bullish about performance for at least the next 18-24 months, given the strength of their backlog and visibility into the new projects. We were again reminded that the ability to accurately forecast is a positive feature of the Hospitality Sector given the lead time necessary for installations and new construction ...

Spring High Point Market - April 2018

This was one of the best markets in years, a sentiment shared by most people we encountered during our 6 days in High Point. Talk of mergers and acquisitions (M&A), real estate movements and new product introductions were in full swing.

Quote #1 of the Market: “Rumors are just that….don’t listen.”

M&A was the hottest topic in our private conversations. Here are the key takeaways: 

  • Asian buyers continue to seek US assets ...

Winter Las Vegas Market - Jan. 2018

The Las Vegas market was busy and upbeat – the halls felt packed and energetic. There were even rumors that this market set attendance records! This was despite several prominent companies abandoning destination showrooms at the Vegas market, which led to some select empty halls and corridors. Positivity was the dominant sentiment and it felt to many like the energy of the “go-go 1990s” had returned.

Quote of the market #1: I came with ...

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The Stump Corporation
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