The LIBOR Financial
We are a periodic newsletter written by a team of select LIBOR members focused on covering recent global macro events, the equity, fixed income, commodity, and currency markets, as well as recent M&A and IPO deals. The newsletter also caters to alumni on the Street with special updates on LIBOR events and speakers. Overall, the goal is to provide a platform for writers to develop opinions on meaningful trends in the financial markets and keep up to date with the latest news.
Samarth Adya | Editor-in-Chief
VOLUME ARCHIVE
2025-2026
Editor-in-Chief: Samarth Adya
Assistant Editors: Divya Ananth and Jack Berman
Columnists: Pending…

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2024-2025
Editor-in-Chief: Neha Thakur
Assistant Editors: Nikhilesh Machan, Jaymin Vaidya (Fall), and Samarth Adya (Spring)
Columnists: Samarth Adya (Fall), Diya Patel, Ethan Martin, Divya Ananth, Purav Mohanty, Rahul Godha, Alanna Gallagher, Neha Sivamurugan, Riya Gandhi, Aarav Vora, Mehr Singh (Fall), Anne Chedid, Lukian Wernyj, Jack Berman, Robert Krasowski, Pranay Shah, Shivani Kinare, Kaitlyn Mirzayev, Suraj Nemani, Reva Gholap, Yogitha Sagi, Suhani Karanjawala, Anish Phatak, Aashvi Kohli, Azarya Foger

Welcome to the 1st issue of the LIBOR Financial for the year! We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the increase in consumer spending, the addition of jobs in September, and our thoughts on future interest rate cuts.

Welcome to the 2nd issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to JP Morgan Chase's earnings optimism.

Welcome to the 3rd issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to steady consumer spending and what it could look like during the holiday season.

Welcome to the 4th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the fluctuating earnings season.

Welcome to the 5th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the "Trump Trade."

Welcome to the 6th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to President-elect Trump's cabinet picks.

Happy Thanksgiving! Welcome to the 7th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to 7-Eleven's involvement in a bidding war.

Welcome to the final issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the unrest in the health insurance industry.

Welcome to the 9th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to President Trump's sweeping tariffs and DeepSeek's effect across sectors.

Welcome to the 10th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the continuing impact of President Trump's tariffs and the consequences of the bird flu outbreak.

Welcome to the 11th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the changes in the IRS and trade uncertainties.

Welcome to the 12th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the Eurozone economy.

Welcome to the 13th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the fresh tariffs.

Welcome to the 14th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the changing political precedents.

Welcome to the 15th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the growing risks to global economic growth.

Welcome to the 16th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the diverging sentiment across multiple sectors due to geopolitical uncertainties.

Welcome to the 17th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the increased volatility due to tariffs.

Welcome to the 18th issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the stabilization of markets post Liberation Day.




















2023-2024
Editor-in-Chief: Heli Sheth
Assistant Editors: Mahek Shah and Neha Thakur
Columnists: Sahana Harikrishnan, Riya Gandhi, Vijay Talluri, Kinzaa Anis, Zian Jumma, Neha Sivamurugan, Robert Krasowski, Hugo Tan, Ryan Rybka, Cameron Egan, Divya Ananth, Sahana Harikrishnan, Ethan Martin, Yash Khandelwal, Samarth Adya, Luke Wernyj, Alanna Gallagher, Aryan Patel, Jaymin Vaidya, Purav Mohanty, Nikhilesh Machan, Rishitha Annamaneni, Suhani Karanjawala

Welcome to the 1st issue of the LIBOR Financial for the semester! We have expanded our newsletter to incorporate a Sustainability and ESG segment for our readers. Our Financial team has all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the geopolitical events and its impacts.

Welcome to the second issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to political implications in the financial markets.

Welcome to the 3rd issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the semiconductor industry. Additionally, our columnists touch on economic implications as the US government faces the risk of partial shutdown.

Welcome to the 4th issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to artificial intelligence, whether it be the use of AI in the healthcare industry or OpenAI recent decisions in terms of its management choices.

Welcome to the 5th issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to economic growth and seasonal retail sales.

Welcome to the final issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to potential rate cuts and the housing market issues.

Welcome to the 1st issue of the LIBOR Financial for the year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to US GDP growth and geopolitical turbulence.

Welcome to the 2nd issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to rising AI and decreasing inflation.

Welcome to the 3rd issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to tumultuous foreign policies and a significant improvement in technology's impact on healthcare.

Welcome to the 10th issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to technology companies and the EV space.

Welcome to the 11th issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to Nvidia's triumph.

Welcome to the 12th issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to clean energy.

Welcome to the 13th issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the complex interplay between global economics and local politics.














2022-2023
Editor-in-Chief: Matt Rossi
Assistant Editors: Sean Li and Heli Sheth
Columnists: Evan Yerman, Rishitha Annamaneni, Vijay Talluri, Neha Thakur, Lukian Wernyj, Teddy Kesoglou, Muneeba Tariq, Kevin Ruple, Ryan Rybka, Tara Chilton, Mahek Shah, Zach Friedman, Kinzaa Anis, Pranav Kalambele, Aryan Patel, Sahana Harikrishnan, Hugo Tan, Derin Kalay, Cameron Egan

Welcome to the first issue of the LIBOR Financial! We have all been working diligently over the past few weeks to report on interesting and impactful events across the many columns covered by the newsletter this year, with a greater focus on analytical rigor.

Welcome to the second edition of the LIBOR Financial for the academic year! We are pleased to showcase a recent Rutgers grad and PM of the Student Managed Fund in this week's Alumni Spotlight column. This week, markets have been volatile with new inflation data, an evolving political and credit crisis in the U.K., and the upcoming Fed meeting before U.S. midterm elections.

Welcome to the third issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to political change in the U.K. and the ongoing energy crisis in Europe.

Welcome to the fourth issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to today's Fed meeting and the continued impact of inflation globally.

Welcome to the fifth issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the ongoing U.S. Midterm elections.

Welcome to the sixth issue of the LIBOR Financial for the semester. We look forward to bringing you a unique and differentiated perspective in reporting on interesting and impactful events across financial markets, with special focus given to layoffs in tech and the impact of U.S. elections on markets.

Welcome to the seventh issue of the LIBOR Financial for the fall semester. We are excited to bring to you our analysis on "headline" stories across business and markets over the past week, with a special focus given to rising unemployment in the U.S. and the end of the Q3 earnings season.

Welcome to the eighth issue of the LIBOR Financial for the semester. After a short Thanksgiving break hiatus, the writing team has been working hard over past few weeks to report on interesting and impactful events across financial markets, with a special focus given to U.S. Rail Union strikes and the potential sale of the Manchester United football club.

Welcome to the final issue of the LIBOR Financial for the fall semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to continued job losses in the technology sector and the current path of inflation.

Welcome to the first issue of the LIBOR Financial for the Spring semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to rising energy prices, US debt ceiling negotiations, and significant M&A activity in the healthcare space.

Welcome to the second issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the global economy following the new regime at the helm of the BOJ, and fears of further tightening in the U.S. following new macroeconomic data.

Welcome to the third issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to PCE inflation and consumer growth data running hot for January and multiple updates on M&A activity across the Healthcare and Financial spaces.

Welcome to the fourth issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to deterioration in the housing market and continued inflation across food and services sectors.

Welcome to the 14th issue of the LIBOR Financial for the year. While there have been other turbulent economic times during my years at Rutgers, I (and I suspect most readers) have never watched so closely before the failure of large and trusted financial institutions, making the current economic climate a very concerning one.

Welcome to the 15th issue of the LIBOR Financial for the academic year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to new rate hikes by the Bank of England and further updates on the liquidity crisis faced by the banking system over the past month.

Welcome to the 16th issue of the LIBOR Financial for the semester. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to the strength of the American consumer and Virgin Orbit filing for bankruptcy.

Welcome to the 17th issue of the LIBOR Financial for the academic year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to OPEC+ oil production cuts and continued reporting on the global banking sector.

Welcome to the 18th issue of the LIBOR Financial for the academic year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to cooling inflation and the impact of Artificial Intelligence on markets.

Welcome to the 19th and final issue of the LIBOR Financial for the academic year. We have all been working diligently over the past week to report on interesting and impactful events across financial markets, with special focus given to corporate earnings and further tightening in credit conditions.



















2021-2022
Editor-in-Chief: Jane-Marie Lai
Assistant Editors: Matt Rossi and Alan Gutman
Columnists: Adam Giovanelli, Chidinma Chigozie-Nwosu, Rishitha Annamaneni, Vijay Talluri, Muneeba Tariq, Aryan Kumar, Miguel Rizarri, Brian Zhong, Armen Panossian, Sia Mukhi, Joseph Cobo, Andrew Zhong, Ronak Walia, Evan Yerman, Heli Sheth, Sean Li, Robert Krasowski (Fall), Michelle He (Fall), Krishna Bliss (Fall), Yeying Pan (Fall), Sahana Harikrishnan (Spring), Amulya Natchukuri (Spring), Rohan Dash (Spring) Jasmine Khosla (Spring)

It’s Back to School Season
Welcome to our first edition of the LIBOR Financial for the new academic year! We have incorporated several new changes to the newsletter, including aesthetic visual alterations and an alumni spotlight segment. We also have a nice surprise for you at the end to formally get to know the incredible team behind LIBOR.

The Fed Tapers
Welcome to our second edition of the LIBOR Financial! In this issue, we'll hear all about the Fed's tapering plan, the state of ransomware, labor shortages and more. Our alumni spotlight this week is Simmi Sharma, and if you read all the way, you'll find a nice surprise where you'll get to know a member of the LIBOR team better!

Corporations Face Halloween Chills
Happy spooky season to you! As we students zombie walk into Halloween week, several global corporations and countries face their own spooky challenges too... namely lawsuits, sky-high inflation, and geopolitical conflicts. In this issue, we'll dive into these issues while getting to know Evercore's Eric Lang, and our very own LIBOR Vice President, Shree Raghavan!

It’s Getting Meta Here
Hope you all had a wonderful Halloweekend! In this issue we discuss the impacts of Facebook's rebranding from a technology and healthcare perspective, analyze the continued issues surrounding international inflation, and dive into supply chain issues permeating Asia. We are also excited to feature Société Générale's Jeanne Fitzpatrick, and hope you take the opportunity to read all the way to the end to meet LIBOR's Treasurer, Nihal Dhruva!

Time for Infrastructure
We hope everyone has been adjusting well to Daylight Savings Time! In this issue, we spotlight Alumni Brian Neer from Morgan Stanley and our very own SMF co-director Devin Kusmider. We'll also breakdown Biden's infrastructure bill, discuss Coke's most recent acquisition, and dig into COP26 Climate Conference.

Company Break Ups
The past week has been filled with immense discussions of global trade deals, acquisitions across multiple industries, and talks of green energy; join us as we explore each of these issues in our columns below. We're also excited to introduce Monica Sung in this week's Alumni Spotlight segment and Rayhan Murad in our Meet the LIBOR team section at the end of the newsletter.

The Oil Question
Happy first day of Thanksgiving Break! We hope you're taking the time to unwind and indulge in some turkey (and leftovers) in the next few days. In this issue, we'll dive into the on-going energy issue, discuss inflation, and much more! We're also excited to spotlight Blackrock's Ty-Lynn Johnson and LIBOR's Director of Marketing Avig Pointi.

Omicron
Welcome to our final edition of the year! With projects and finals approaching, we're almost in the endgame. This issue, the LIBOR Financial is excited to present a UBS alumni and showcase our Co-Director of Alumni Relations. We'll also dive into Turkish Lira, look at changes developing in Big Tech, and explore implications of the Omicron variant.

The CPI
The recurring issue is the Consumer Price Index (CPI) but we will also discuss the FDA for COVID-19 Vaccines, dive into 5G, and look at earnings from several companies.

Airline Mergers and More
This week, markets have been volatile with Russia and the state of the pandemic as the key drivers. We'll dive into the inflationary environment, the highly anticipated airline merger, and more.

The Ukraine-Russia Situation
We're excited to introduce Isaac Walkin from Hildene Capital Management in our Alumni Spotlight and showcase Shreya Sharma, our Co-Director of External Relations. This week's hot topic is all about the uncertainty, speculation, and impacts surrounding the Ukraine-Russia Situation. Read onwards to see how our columnists tackle these issues and other emerging new topics.

The Invasion Continues
We hope your midterms have been going well. In this issue, we're taking another look into the Russian invasion of Ukraine and the various ripple effects on different markets and economies. In other words, we are excited to spotlight our Alumni Abdalla Al Fahham from Disney and showcase Sejal Rajagopalan, our Co-Director of Alumni Relations.

A Chaotic New Normal
Welcome to a new issue of the LIBOR Financial and hope midterms are going well! In this issue, we'll be spotlighting Carolina Reis from Goldman Sach's Compliance team and showcasing the last member of our LIBOR Team, Kriish Parekh. Aside from new updates on how Russia's invasion of Ukraine has been impacting the market, we'll also cover new topics like Tesla's new gigafactory, an antitrust lawsuit, and more!

Electric Technology
Welcome to our fourteenth edition of the LIBOR Financial. In this issue, we're excited to spotlight Ryan Zinsky, an Investment Associate in Vestar Capital Partners! We'll also discuss the continued impacts for the Russia-Ukraine War including supplying chain issues, rising gas prices, and more.

The Fourth Dose
Welcome to a new issue of the LIBOR Financial! In this issue, we're proud to spotlight Esha Tripathi from Morgan Stanley and hear her talk about her experiences in International Equities Sales. We'll also cover concerns on the inverting yield curve, look into Sri Lank's economic crisis, discuss the Russia-Ukraine war-induced neon shortage, and more!

Europe's Making Moves
Welcome to our sixteenth edition of the LIBOR Financial for the new academic year! We're proud to spotlight Patrick Natale, Head of Equities Morgan Stanely Wealth Management. In this issue, we'll continue to look at how the Russian-Ukraine War takes a toll on the markets, take a deep dive into issues in the Healthcare industry, interesting consumer trends, and more!

Tweet This
Welcome to the second to last issue of the semester! In this issue, we're excited to spotlight Emanuel Marques from Goldman Sachs and hear about his current role. We'll also discuss the much-debated Elon bid for Twitter, news from investment bank giants, stir-ups in the retail industry, and more!

It’s a Wrap
Welcome to our last edition of the LIBOR Financial! It has been eighteen issues, and the writers, assistant editors, and I are proud to have delivered a diverse series of market news and opinion pieces this past year. For our last issue, we're proud to spotlight alumni and head of the RTWS program, Ken Freeman. We'll also talk about Netflix's subscription issues, some currency intervention, semiconductor production, and more!


















2020-2021
Editor-in-Chief: Michelle He
Columnists: Adam Giovanelli, Rishita Annamaneni, Heli Sheth, Jane-Marie Lai, Matt Rossi, Brian Zhong, Riddhi Patel, Armen Panossian, Muneeba Tariq, Andrew Zhong, Vijay Talluri, Chase Smith, Ronak Walia, Jawad Shafiq, Odhran King, Alan Gutman, Sean Li, Julia Laszcz, Evan Schlatter
Welcome back to our first issue for the academic year of the LIBOR Financial! This year we have incorporated several new changes to the newsletter, including a weekly recap, several additional industry sections, and an archive on the website for all of our issues. Thank you for joining us and please be on the lookout for upcoming LIBOR events. Stay safe everyone!
In this issue, we cover the financial impacts of some major releases, like the PS5 and Disney earnings report. Other major events, like news of a possible Covid-19 vaccine, have moved the financial markets and will be covered here. Thank you for joining us, and please be on the lookout for upcoming LIBOR events. Stay safe everyone!
In this issue, we cover updates on COVID-19 vaccines, Amazon's move into the pharmacy business, and much more. Thank you for joining us and please be on the lookout for upcoming LIBOR events. Hope everyone enjoys their Thanksgiving break!
Welcome back to our fourth issue of the academic year, we hope that everyone had a great Thanksgiving! In this issue, we'll cover the financial impacts of major events such as Black Friday and the announcement of AstraZeneca's vaccine for Covid-19. We'll also take a look at how some industries (oil, looking at you) are riding high on hopes of a vaccine changing the new normal back to, well, the old normal.
Welcome back to the LIBOR Financial and our final edition for the semester! This week, our team takes a look at both domestic and global economies, a shortage of Christmas trees, the acquisition of Slack, and a whole lot more. Best of luck on finals and happy holidays!

The past few weeks have been packed with events that will go down in history, such as Biden's inauguration, the riot in Washington, DC, and the surge in Gamestop's stock due to r/WallStreetBets. Today, we'll be talking about the financial implications of these events, and the bigger picture of it all.

This week, our team takes a look at some of the first economic indicators of the year, upcoming mergers in the food delivery space, and *hopefully,* the end of the GameStop drama. If you have missed any of the editions this year, feel free to check them out on our website archive.

This past week has been action-packed, but honestly, what week in the last year hasn't been "unprecedented"? Today we'll be discussing events such as Nestle's spinoff of its bottled water brands, competitors being added to the "chicken sandwich war", and China contemplating its future with coal as its supply shrinks.

We thank everyone here for diverting his/her attention away from midterm preparations long enough to read this issue. Today, we'll be covering topics including Texas' deep freeze, Walmart's wage hike, and Zambia's default on its loans. Have a great week and good luck to everyone taking midterms!

Last week had big developments in Washington and the pharma industry. The rejection of the $15/hour minimum wage and approval of a new Covid-19 vaccine will doubtlessly impact the recovery of the economy in the near future. Today, we'll be talking about the financial implications of these events, and the bigger picture of it all. Have a great week and stay safe, everyone!

This week, our team takes a look at topics like the spike in oil prices, the changes in public health policies, and the highly anticipated interview with the Chairman of the Fed, Jerome Powell. If you have missed any of the editions this year, feel free to check them out on our website archive. Have a great week, everyone!

Welcome back from spring break, we hope that everyone had a relaxing week. Over the last two weeks, there have been major developments in vaccine approvals, highly anticipated announcements from the Fed, and much more. We'll review all of that in this week's edition of the Financial. Have a great week and stay safe, everyone!

This week, we take a look at some market-moving events including the traffic jam in the Suez Canal, global chip shortage, and continued vaccine rollout. If you have missed any of the editions this year, feel free to check them out on our website archive. Have a great week, everyone!

Welcome to the 14th edition of the Libor Financial! Thank you for taking the time out of a week crammed with midterms to read our recap of a very eventful week. In this issue, we give you our take on the financial implications of events from the Evergreen getting freed to the rosy March jobs report.








