Hints and tips:
...P&W owner RTX has warned that the additional inspections and potential replacements of engines is creating more work for the company’s maintenance, repair and overhaul network, which is under strain because...
...Many are now snapping up options tied to the S&P that profit if the market keeps on rising....
...Eighteen years ago I started pondering concentration risks in the American equity markets....
...The S&P 500 is also expensive relative to other markets and history — the reason I sold all my shares three months ago....
...Chart of the day The S&P 500 stock index yesterday crossed the milestone of 5,000 points for the first time....
...Once sufficiently unwound, I’ll visit my tailor, P Johnson, on West Broadway, who have been making my suits for almost 10 years....
...The American economy is still growing and the S&P 500 index, which measures the performance of US blue-chip stocks and sets the tone for investors around the world, has climbed more than 14 per cent this...
...“I don’t like talking about seven stocks every day, but they are still what is driving the market.”...
...Every state — even those with few EV owners — has applied for NEVI funding....
...I always try to include one thing I learned while looking at what’s coming up this week. This time it’s Mischief Night....
...Major asset managers and mutual fund specialists such as Fidelity, BlackRock, JPMorgan Asset Management, American Century and Morgan Stanley Investment Management have run into strict regulatory limits that...
...“I want to be in contact with them,” she wrote of the words she was learning. “I want them to become part of me.”...
...The deal paves the way for a potential sale of the UK’s largest pharmacy chain by owner Walgreens Boots Alliance....
...When I was there for the 50th anniversary in 2017, I had to interview residents under trees — there wasn’t so much as a fast-food outlet on offer....
...It was founded by Tim Stokely and his father Guy in 2016 but sold two years later to Leonid Radvinsky, a Ukrainian-American entrepreneur and owner of porn sites....
...It’s easy today to focus on whether the Magnificent Seven that have powered the S&P 500 rally — Apple, Microsoft, Google owner Alphabet, Amazon, Nvidia, Tesla and Meta — might stumble....
...I wish I knew how to discount the former for the latter. I draw comfort from the thought that no one else does either. Lex is bullish on US tech....
...The hot topic here is generative AI — something I’ve even written about myself (shameless plug) in relation to management education....
...In mutual funds that invest in mainstream public markets, the persistence of performance is historically weak-to-negative....
...The S&P Global Clean Energy Index, made up of 100 of the biggest such companies, is set for its worst annual performance since 2013....
...Chart of the day The S&P 500 rose 3.1 per cent in July after closing up 0.2 per cent yesterday at 4,588.96....
...S&P Global forecasts that the 12-month trailing default rate for speculative-grade securities will jump from the current 2.5 per cent to 4.5 per cent by early 2024....
...Revenues have been flat for the past seven years, according to S&P CIQ data, which means they are falling in real terms....
...Back in 1993, the Boston Herald described the new product as “part stock, part mutual fund, part index product, part S&P 500”....
...Here’s what else I’m keeping tabs on today and over the weekend: Results: Credit card group American Express and SLB, formerly Schlumberger, the oilfield services group, report second-quarter earnings today...
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