Hints and tips:
...England chief economist Huw Pill speaks at the London campus of the University of Chicago, Booth School of Business EU, France, Germany, India, Italy, Japan, UK, US: S&P Global flash manufacturing and...
...His son Andrew, who ran unsuccessfully for New York governor in 2021, is sitting next to him....
...Companies in Wall Street’s benchmark S&P 500 index spent $175bn buying back shares in the three months to June, according to preliminary data from S&P....
...“Eighty-five per cent of the money from the IRA is going to red states,” Kerry pointed out, noting that Republican state governors thus had a vested interest in maintaining the subsidies....
...Florida’s number of reported deaths in the wake of the storm is higher than direct deaths attributed to Hurricane Andrew in 1992, previously the state’s most lethal cyclone which resulted in 15 people dying...
...“a very minimal 1 per cent drag” on earnings per share for S&P 500 companies....
...Half a century ago, the Yom Kippur war between Israel and Arab states put a new cartel of oil producers at the centre of global politics....
...Federal Reserve chair Jay Powell, World Trade Organization head Ngozi Okonjo-Iweala and Bank of England governor Andrew Bailey are among the top drawer list of speakers....
...All this had implications of course for an increasingly multiracial United Kingdom....
...The only honest answer is that we do not know, since events are moving so fast that most corporate boards and investment committees are in a state of shock....
...Also on Saturday, New York reported the first case in a state resident of Covid-19 variant P.1, a type first detected in Brazil....
...Andrew Cuomo, the New York state governor, is pleading for financial aid from the federal government....
...woman (after Ursula Burns at Xerox) to chair an S&P 500 company....
...New York governor Andrew Cuomo said he would look at loosening some restrictions after May 15.Dr Deborah Birx, the co-ordinator of the White House coronavirus task force, urged states to ramp up testing...
...The S&P’s energy index, one of the worst returning subsectors over recent years, outperformed the broader market by almost 4 percentage points in recent weeks....
...“He’s v bright, tough and politically savvy with a small p,” tweeted Rupert Harrison, the former Tory chancellor’s one-time chief adviser....
...How else to explain asset prices that currently assume a V-shaped recovery, even as we seem to be witnessing a second wave of infections in several US states?...
...a standstill, as the state became the global epicentre of a pandemic that started in central China....
...“In six weeks we’ve taken almost the entirety of the back offices of corporate America and moved them to kitchens and living rooms and it’s been pretty seamless,” he said....
...In southern Tamil Nadu state, where the family’s roots lie, giant billboards with Ms Harris’ face appeared, proclaiming “P.V. Gopalan’s granddaughter is victorious”....
...in Latin America....
...When asked about what path the S&P 500 recovery will take, W remained the most popular choice with 45% percent of the vote. Just 30% expect a V shaped recovery in the stock market....
...This graphic from Société Générale highlights the divergence between factors and the less than comforting V-shaped outlook for earnings over the next 24 months: Andrew Lapthorne at SocGen notes: “Time...
...Here’s Investec (sell) to summarise: [L]ockdowns are impacting consumption in North America (c. 30% of sales), Europe (c. 20% of sales), India (c. 10% of sales), Africa (12% of sales) and many countries...
...Quick Hits — What’s on the markets radar Oil prices are falling sharply once more and it comes via forced sales of the current futures contract (June) for West Texas Intermediate, from the United States...
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