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...The island is only about 18km by 6km, and a map of it reads like a drive-around feast: there is Rivière Banane, Caverne Patate and Pointe Manioc....
...This is another painted room, with trompe l’oeil decoration by Fernand Renard....
...But funds gained 6.1 per cent on average, compared with the S&P 500’s 26.3 per cent gain....
...A three-month internship at Oscar de la Renta (where she worked with Adam Lippes) became a five-year job, before she went on to work at Alberta Ferretti and Bottega Veneta (with Tomas Maier)....
...We’re pleased to team up, for the second time, with Adam Tooze of Columbia University. This letter will appear in both Unhedged and Adam’s Chartbook newsletter (you should subscribe!)...
...“Adam and Eve in yew; Adam a little shattered by the fall of the tree of knowledge in the great storm: Eve and the serpent very flourishing. “The tower of Babel, not yet finished.”...
...After a walk I take the little fishing boat to Les Goudes or Pointe-Rouge to swim in the sea....
...Over that same period, the S&P 500 has surged more than fourfold; even mainland China’s underperforming Shanghai Composite has far outdistanced the Hong Kong bourse....
...L&I ETFs do not currently pose a risk to UK financial stability, but this could change if they grow in popularity....
...We like Adam Posen’s two-phase articulation, as laid out in his Unhedged interview last month....
...And I actually find that appealing now. So I think I’m a great S&P 500 tracker fund guy....
...Website; Directions— Jan Randolph, economist, London The Wilder Townhouse, Dublin I am a regular visitor to The Wilder. I am always greeted warmly....
...New York mayor Eric Adams said the police had made 108 arrests. Columbia also suspended students who had occupied part of its main campus for more than 30 hours....
...You would not stay there very long unless you boosted the P&L....
...Simpson Thacher has hired Adam Risell for the firm’s investment funds practice. He previously worked at Cadwalader....
...Chart of the day The S&P 500 stock index yesterday crossed the milestone of 5,000 points for the first time....
...And here’s what I’m keeping tabs on today: Economic data: The Institute for Supply Management will release its monthly US manufacturing survey while S&P Global publishes its Mexico manufacturing survey....
...Here’s what I’m keeping tabs on today: Markets: The S&P 500 will be in focus today after the US equity index closed at a record high on Friday following strong results from Meta and Amazon....
...As soon as I got on board P&O Pioneer I went to the bar and drank a pint of beer to celebrate. And then another one for luck....
...So, yes, Eric Adams does have a point. If you live in New York, as I do, it’s abundantly clear that the shelter system is at capacity....
...Revenues have been flat for the past seven years, according to S&P CIQ data, which means they are falling in real terms....
...As one FTSE chair told me recently, “For the first time, I feel non-exec directors really are an option I should be actively considering. They are no longer an afterthought.”...
...However, in order to size the potential maximum impact to banks’ P&L, a scenario we think would be unlikely but possible, for example in times of financial distress, we have assumed that everyone older than...
...Katie MartinOne little thought to leave you with here is yes, we’ve got all-time highs in the S&P 500....
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