Hints and tips:
...Through the sale of bracelets and pendants, the brand has raised more than $20mn to provide water, immunisations and educational tools to those in need. louisvuittonforunicef.com V is for Visual AidsAcne...
...As always, you can reach us at Imani.Moise@ft.com or Sid.V@ft.com. Thanks for reading....
...“He’s v bright, tough and politically savvy with a small p,” tweeted Rupert Harrison, the former Tory chancellor’s one-time chief adviser....
...They are rooted in the communities they serve. Their fortunes are not being flattered by central bank liquidity....
...S&P 500 companies are expected to announce an overall 45 per cent drop in quarterly profits — the biggest decline since the fourth quarter of 2008....
...You probably noticed that Monday’s return to flat year-to-date for the S&P 500 has triggered a lot of huffing about how a Day of Reckoning is approaching. You know the kind of thing....
...Two facts underpinning this are a faster COVID-19 spread into community level and the absence of a specific vaccine....
...71% after reducing last year’s earnings by 33%; (e) an equity cap of $23 billion vs. $8 billion for the index; and (f) trades at a trailing 12-month P/E multiple of 11x vs. 14x for the typical Russell 1000...
...A V-shaped recovery in kneecaps isn’t in the price, they say....
...Only 12 per cent of US equity mutual funds have surpassed their benchmarks over the past decade, according to S&P....
...Valuations – The sector P/TNAV has dropped to an average of c1.0x for CY20....
...We believe that the data so far this year, on balance, should keep the Bank of England on hold next week....
...a pretty stable macro backdrop; iv) capital build of 170-200bps p.a. as per previous guidance (though guidance for FY19 was for the lower end of that range, so this is a slight upgrade); and v) Statutory...
...We believe this could result in over USD50bn of further outflows from the retail community....
...So we have adopted a hybrid for our end-of-year rankings: a percentage gain with a floor of $10bn market value at the start of 2020, using data from S&P Global....
...Containment of the number of new cases has been impressive in mainland China, and we now expect a V-shaped recovery from the second quarter onwards there....
...And here’s Deutsche Bank to talk eurozone dislocation on the back of Thursday’s ECB flub: [F]inancial markets are broken in many dimensions....
...The progress through the year will also be erratic, as it will be contingent on the interconnected “3 P’s” of the pandemic, psychology and policy....
...Only Senga Nengudi’s 1977 exhibition at the gallery, featuring her “R.S.V.P.” works — nylon pantyhose sculptures filled with sand to form abstracted bodies with organ-like protrusions, and then activated...
...We continue to recommend entering long vol strategies with low carry cost — such as forward variance swaps on S&P 500.” No one thinks of buying flood insurance when the weather is sunny....
...Bank of America Merrill Lynch estimates that of $1.2tn parked overseas, perhaps half of the post-tax total, or about $450bn, could be devoted to share buybacks....
...It showed members of the Egyptian elite luxuriating under an awning, while servicemen row the boat and birds gather on a nearby river bank....
...A headlamp-shaped City Hall rose from the South Bank opposite the Tower of London as the symbol of the new office....
...if Bank of England like other central banks cuts back....
...See Coast Bank v. Minderhout, 392 P.2d 265 (Cal. 1964) (Traynor, J.). The Uniquely Recalcitrant Debtor....
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