Hints and tips:
...Thanks in particular to Gerard Minack and Kristof Gleich for pointing out the issue. The problem is that I used weighted average price/earnings ratios for both the Mag 7 and rest of the index....
...State Street Global Advisors’ SPDR S&P 500 Ucits ETF has attracted €2.7bn in net inflows over the three months since its fee was cut to 0.03 per cent in November last year....
...“We need more granularity,” said Gerard Cassidy, a bank analyst at RBC Capital Markets....
...The move comes after Washington announced it was deploying a carrier strike group, led by the USS Gerard R Ford aircraft carrier, to the region....
...“That is probably the biggest opportunity as well as challenge [for Pick],” said Gerard Cassidy, a banks analyst at RBC Capital Markets....
...“For banks, the number one story in a soft landing is credit,” says Gerard Cassidy of RBC Capital Markets. “Credit quality trumps margins and AOCI [securities losses]....
...crisis out of the picture), return on tangible common equity at Goldman has averaged a bit over 11 per cent, and tangible book value per share has grown a bit under 8 per cent (my calculations, using S&P...
...In contrast, the S&P 500’s collective price-earnings multiple of 18 is down a mere quarter....
...“We can probably rally through the next data cycle [in December] but in the new year, when people realise cuts aren’t coming soon, the reality of inflation” will be more apparent, predicted Dan Gerard, multi-asset...
...Gerard Lyons, sales manager at logistics group Publiship, which helps publishers import books into the UK, said: “If [book orders] do start creeping up . . ....
...“If you’re a large resource company or battery cell manufacturer and looking for these projects or assets, there is no other resource of this size or quality that compares,” chief executive Gerard Barron...
...And therefore, according to Cecl, reserve building has to go up,” said Gerard Cassidy of RBC Capital Markets....
...Freda, another P&G veteran, replaced William Lauder, grandson of Estée Lauder, as chief executive in 2009....
...Maybe it’s the anticipated increase in demand for electric vehicles, increased demand from index funds because of its inclusion in the S&P 500, or more investors wanting to say “I hold Tesla stock”....
...Gerard Lyons: No. There is no need for fiscal policy to be tightened any further in 2023....
...Gerard Lyons: The Bank of England still has many policy options....
...Bank stocks are now trading at about twice their pandemic lows and have risen 26 per cent year to date, outpacing the 11 per cent gain in the S&P 500....
...(Perhaps all that’s needed is a P?) But fashion affects wine production as well as consumption....
...The S&P 500 gained 3.1 per cent on Tuesday....
...to restore a city market / From Adrian P Hewitt, London N5, UK...
...Hence, the Group will no doubt be praying that this is not analogous to a Gerard Ratner moment....
...And you don’t hear much complaining when the industry does beat the S&P, as was the case in 2018....
...Job moves Vodafone has reportedly kicked off the search for a new chair to replace Gerard Kleisterlee, who reaches the nine-year limit to be counted as independent next year....
...About $29.6bn worth of assets tracks the Dow or is benchmarked against it, compared to $9.94tn that uses the S&P 500, according to S&P Dow Jones Indices....
...“The aggregators are trying to capture share of the research distribution market at a time when disruption is happening,” said Gerard Walsh, head of business development at Northern Trust Capital Markets...
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