Hints and tips:
...But we still believe that M&S’s high-margin clothes division is in slow decline. The food division will simmer on, but profitability will be lower....
...That compares with 0.2 per cent for the Stoxx 600 ex-UK and 0.7 per cent for the S&P 500. AJ Bell has revealed that cash accounts for 13.3 per cent of its retail customer assets....
...That is reflected in enviable ebitda margins that peg along at 60 to 70 per cent annually, according to S&P CIQ. Mastercard and Visa tend to get a bit huffy if you say any of this....
...In 2023’s Bad Taste, Nathalie Olah says this was an era “defined by an incredibly dour and unremarkable character, centred around a fashion masquerading as anything but”....
...The S&P 500 looks expensive judging from Shiller’s cyclically adjusted price-to-earnings ratio, which allows for inflation. The benchmark stands at 31 times, double its historic mean....
...“Girls who experienced [2012’s Superstorm] Sandy in utero saw a 20-fold increase in anxiety and a 30-fold increase in depression,” Aldern writes. “Boys saw a 60-fold increased risk of ADHD.”...
...The S&P 500 and the Euro Stoxx 600 indices are up about a quarter since the start of October....
...Revenues have been flat for the past seven years, according to S&P CIQ data, which means they are falling in real terms....
...Brett Nelson, head of tactical allocation for Goldman Sachs Private Wealth Management, said it would have been unsustainable for the market rally to continue at the same pace after the S&P 500 ended 2023...
...upside cap on the returns of the S&P 500, said Brett Sheely, AB’s head of ETF Specialists....
...court’s conservative wing, which has been more sceptical of the federal government’s authority in past cases, appeared more open to rethinking the longstanding doctrine, with justices Neil Gorsuch and Brett...
...There is a life lesson in there somewhere.Peter KrijgsmanSampford Brett, Somerset, UK...
...’s what nature tells us / From Peter Krijgsman, Sampford Brett, Somerset, UK...
...Lex thinks the “E”, “S” and “G” of the ESG investment movement illustrate the problem. Even within environmental investment, categories can be deceptive....
...Here is a chart using S&P CIQ data that summarises what has happened so far, apart from at Facebook owner Meta, which I will come to later: Lex’s view prior to the rout was that tech stock valuations consisted...
...Part of the reason for the quiet, according to Goldman Sachs Asset Management’s Brett Nelson, is that many of the people who were liable to dump stocks in a crisis had already done so....
...Enlightenment by Sarah Perry (Jonathan Cape)The bestselling author of 2016’s eerie, gothicky The Essex Serpent and 2018’s Melmoth returns with a new story set again in eastern England, following a pair of...
...The S&P 500, the Stoxx Europe 600 and the UK’s domestically oriented FTSE 250 have rallied since the end of June. This has raised hopes of a tolerably soft landing....
...Bitcoin has staged a recovery over the past fortnight because that is what the S&P 500 has done. Too late to save Voyager Digital, however....
...Japanese ukiyo-e prints (using multiple carvings and colours, and softer water-based inks) and British wood engravings (cut in the end-grain to produce more detail, and currently soaring in price, says Brett...
...That is the first obstacle for Moonage Daydream, director Brett Morgen’s memorably far-out documentary account of the singer and polymath....
...Therefore, to mark the end of 2023, we asked our colleagues to submit their favourite articles published over the past year for a special edition of our daily Further Reading missive (2022’s round-up can...
...Since then, the S&P 500 has dropped 21 per cent. The Stoxx 600 and Hang Seng are down about 13 per cent....
...s=20 As Patrick McGee over at mainFT has reported, Cook has embedded Apple ever deeper in China over the past 20 years....
...Scott Guthrie, head of Microsoft’s cloud and AI group, points to new services such as GitHub Copilot, which the company launched last summer to suggest coding ideas to software developers....
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