Hints and tips:
...Productivity-hype bubbles are usually separated by at least 25 years and usually form at the end of a secular bull market, when aggregate profits are coming under pressure, say Garthwaite et al....
...Last month, NWBO and its Reddit fans were rebuffed by a Manhattan court, which granted Citadel et al’s motion to dismiss the case. But there was a sting in the tail....
...They followed the Pinault family of Ch Latour et al, who, in 2013, bought what is now called The Eisele Vineyard from the Araujos, and were so confident of their savoir-faire that they didn’t even impose...
...Here’s Citi’s Andrew Coombs et al. then: For the European banks, we see less risk of deposit flight and believe they have more liquid balance sheets....
...Can Tesla use the demands of autonomous cars/FSD to become a global leader in custom AI chips? Yes! say Jonas et al. Yes it can! Look! And look! And look!...
...Still, it is too early to count them out....
...Only a handful of bankers there from the nine global IPO co-ordinators were selected to deliver their recommendations: Bank of America’s Soofian Zuberi, Citigroup’s Tyler Dickson and Morgan Stanley’s Henrik...
...We expect to learn more at tomorrow’s capital markets day. Elsewhere in sellside. Citigroup upgrades Rio Tinto, the mining company and enemy of God, on the back of stronger-for-longer iron ore....
...Earlier this year, when Congressman Al Green asked seven CEOs of major US banks — including JPMorgan Chase’s Jamie Dimon and Citigroup’s Michael Corbat — to raise their hand if they thought they would be...
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...Also from December 31, Citigroup’s 2020 preview looked like this: Our Global Bear Market Checklist (BMC) suggests that this bull market, even as it approaches its eleventh birthday, has further to run....
...Recent medical literature suggests that severe manifestations of COVID19 may be due to tissue damage caused by severe immune dysregulation (Li H, et al; The Lancet; April 2020)....
...While still early in the year, the work for Occidental could help Citi claw back market share and edge itself into the top three for the first half of 2019....
...Deutsche Bank has named Greg Sommer and Oliver Schiller as its new global co-heads of natural resources. Both men will join the bank in early September....
...HarbourVest Partners, a private markets asset manager, has hired Simon Jennings as a managing director. Before joining HarbourVest, he was the global head of private equity at HSBC....
.... —————————————————————————————————— Footnotes [1] Ricardo Caballero et al have published similar work, and John Cochrane has responded to them....
...We suppose, before getting to what might stop this, one should probably discuss what’s hitting the Wunderbund et al. Still early in the day, after all....
...Facebook et al may not need the intellectual capital, but they sure needed their cash....
...To that end, he and Mr Hollander, along with some other supporters have backed a movie, Pump, a lively look at global energy trends....
...But overall global equity market valuations do not seem to be in bubble territory yet....
...You see, Bill Gross et al sell bonds, via bond funds. But what they have really been selling for the last decade is a sort of investment intellectualism....
...(Wall Street Journal) - Goldman et al should be forced to incur losses on mistaken trades, says Myron Scholes. (Financial Times) - Samuel Brittan: Productivity matters, but it’s not everything....
...Abe et al are keen on ending deflation — but they are going to hinder that push with a fiscal tightening. No tension there, then....
...When coupled with recently upbeat US household-focused reports, the news is encouraging bulls to grow more optimistic about the prospects for global growth, reports the FT’s global markets overview....
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