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...Then I’d kick back with friends and contemplate the beauty of western civilisation. I’m in awe of Washington, this handsome city, the cultural capital of the USA....
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...And so, you know, if I mean, as I said, I used to be an asset allocation person and we’d look at like, you know, what’s the characteristic of this market or of that market?...
...“I’ve always said I’d love to be president, but you’d have to anoint me, folks,” Dimon said, to laughter from the crowd....
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...If you take the Magnificent 7 out of the S&P 500, its multiple moves from 22 to 19. The S&P 350 is at 14....
...We thought we’d let you have a look at all of the data by start date, because it’s pretty and fun. We love heuristics. Especially ones that test well....
...Goodwin has mastered the art of embedding mountains of historical detail inside snappy narratives, a skill which has seen her dubbed “America’s historian-in-chief” and snagged her a Pulitzer Prize for her...
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...“This is significant as US economic expansion exceeded our expectations throughout the second half of 2023 and economic activity in [the current quarter] has been running warmer than anticipated,” S&P chief...
...They grew so large that they accounted for something like a quarter of the entire market capitalisation of the S&P 500. These are monster stocks....
...I encourage Professor Fukuyama to join other leading academics, including the American Academy of Arts and Sciences’s Commission on the Practice of Democratic Citizenship, to endorse this amendment....
...When it came to being in a band, I’d go and see a lot of bands and artists, and I’d take away things I didn’t want to do or be: reverse mentorship. At art school, a teacher called John Ross....
...I think it’s undone 10 years of investment in making the UK a competitive place for start-ups.”...
...I think I do. I’d like there to be something. Which is more puzzling, the existence of suffering or its frequent absence?...
...“I would like to see a revival and renewal of equity risk culture in the UK,” he said. “Lots has to happen to rebuild that [IPO] ecosystem....
...“Markets have priced out lots of the Federal Reserve rate cuts they’d expected earlier in the year, but they’re still hopeful for the Bank of England and European Central Bank.”...
...Over the past 10 years the size of its buyback scheme dwarfs both its R&D spend and the buyback schemes from peers, adding up to a total of $658bn, according to data from S&P Global....
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...TL;DR: The size of funds that directly affect the Vix calculation is too modest, and if they were to blame you’d see a very different pattern in options prices. So what is to blame?...
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