Hints and tips:
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
...The real game will be parsing Chair Jay Powell’s words with obsessive precision, for hints about rate cuts to come....
...Triple-B [the lowest rung of IG] spreads are at about 120bp, whereas double-B high-yield is at 200bp. So you pick up 80bp from going from triple-B to double-B....
...We’re wondering to what degree Jay Powell will acknowledge slowing pace of disinflation, and what he will attribute it to. Send me your thoughts: robert.armstrong@ft.com....
...Which of the following was not a pre-bitcoin digital currency: B-Money, HashCash, Internet Money, Bitgold, Beenz?...
...Jay Powell in Spain: The US Federal Reserve chair speaks at the Bank of Spain Conference on Financial Stability in Madrid....
...“They’re clinging to that idea, even if [Chair Jay Powell] didn’t give a clear message that they’re done”....
...company is so big now — 6 per cent of the S&P 500’s total shareholders’ equity — that there are no companies in the US or abroad that are (a) big enough to make a meaningful impact on Berkshire’s earnings, (b)...
...debates on whether 2% target is the right target or not, policymakers cannot neglect the practical implications of moving the goalposts because of a) credibility issues (as you discuss in your column), and b)...
...In his early twenties, he became manager of a lounge bar in Newark owned by bandleader Teddy Powell....
...The British discounter B&M, which has traded well through the economic downturn, updates on trading in its latest quarter on Thursday. More details about these and the other companies reporting below....
...This week will bring a string of post-meeting Fedspeak, culminating with Jay Powell talking at the IMF on Thursday. We expect opinions on the economy to diverge widely....
...This is just a coincidence, though if Jay Powell brings inflation all the way back to 2 per cent without causing a recession there may be talk of canonisation....
...“You should be able to have a blues tune next to a country tune next to a jazzy tune next to an R&B tune,” she says....
...On a p/b basis, then, the Russell looks reasonably priced: Next, consider the biggest risk to small-caps: the business cycle....
...The crux of the problem is BLS’s Net Birth-Death (B-D) model, which is integrated into the CES....
...So take me from A to B. Why do these market conditions make it so much easier for US companies to raise money?...
Commodity margin squeezes; Apollo; d’n’b and much more . . .
...The resulting stock price surge lifted the company’s p/b sharply (with the caveat that measuring p/b is more art than science): Change is coming from on high, too....
...Sunak weighs Plan B | Rishi Sunak is refusing to rush Britain back into the EU’s €95.5bn Horizon science programme in spite of his breakthrough in relations with Brussels, raising the prospect of a tough...
...John B Powell, who became a hero as events unfolded, was The Chicago Tribune’s reporter in China....
...“Everyone is wondering, ‘What if I have assets at Bank A or B or C?’”...
...This week, Jay Powell, Federal Reserve chair, is in the spotlight — and pulpit....
...We think that this (a) would be a smart thing for the Fed to do and (b) it would come as a shock, given how the market is positioned today....
...Ex-shelter core services inflation, the category keeping Jay Powell up at night, rose 0.5 per cent (6 per cent annualised) in February, despite recent softening in wage growth....
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