Empire Financial Daily Newsletters

August. 2021

The Update Issue: Employers Choose a New Office Reopening Strategy, Shortages, Inflation, COVID Winners and Recovery Losers

By Berna Barshay

Empire Financial Daily,
Wednesday, August 4, 2021
Broadway is about a month away from its reopening and revealed last week that entering the theater will require a COVID-19 vaccination... To the great relief of the folks at Disney's (DIS) Broadway division and the producers of the Wizard of Oz-themed musical Wicked, vaccine-ineligible children under 12 can present a recent negative COVID-19 test […]

Are Cryptocurrencies a Systemic Risk to the Global Financial Markets?

By Berna Barshay

Empire Financial Daily,
Tuesday, August 3, 2021
Yesterday, an article in the Economist asked the provocative question: 'What if bitcoin went to zero?' The self-described "thought experiment" delved into the links between the traditional world of mainstream finance and the rapidly emerging world of cryptocurrencies at the center of the "decentralized finance" movement. The eye-grabbing headline was paired with the equally dramatic […]

The New Robinhood: Rob From the Poor to Give to the Rich

By Berna Barshay

Empire Financial Daily,
Monday, August 2, 2021
The poster child for the surge in retail trading over the past year finally went public last week... No stranger to controversy after its part in the great GameStop (GME) short squeeze of January and starring role in the frenetic pandemic retail trading of dodgy securities like Kodak (KODK), trading app Robinhood's (HOOD) initial public […]
Whitney Tilson

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About Berna

Berna Barshay is editor of Empire Financial Daily and a contributing editor to the Empire Stock Investor and Empire Investment Report newsletters.

She graduated cum laude from Princeton University and earned her MBA from Harvard Business School in 1997.

Following her graduation, Barshay spent 20 years on Wall Street. She began her career in equity derivatives at Goldman Sachs and later worked as a buy-side equity analyst at Sanford Bernstein, where she covered global consumer cyclicals and conglomerates.

Later, Barshay spent five years working as a portfolio manager of the Ingleside Select Fund, a long/short fund with a focus on value and event-driven stocks. She later was a portfolio manager at Swiss Re, where she managed the Consumer long/short book on the equity proprietary trading desk.

She has additional experience as a buy-side analyst at several long/short hedge funds – including Sky Zone Capital, Metropolitan Capital, Buckingham Capital, and LaGrange Capital – where she primarily covered consumer and technology, media, and Internet stocks in the U.S. and Europe, with some additional work in financials and energy.

Barshay is a fashion enthusiast, a pop culture addict, obsessive indoor cycler, and prolific social media user. She currently lives in New York with her husband, daughter, and three dogs.