Hints and tips:
...We’ll update with anything we hear from DB about the matter....
...The S&P 500 stock index was flat, while the technology-heavy Nasdaq Composite slipped 0.1 per cent....
...This year, the effective rate of interest on corporate debt jumped to the highest since 2012 for the smallest half of companies in the S&P 1500 (also from M&G, citing SocGen)....
...“It would be a big jump for the Dutch to move from DB to individual DC accounts,” said Swinkels. Funds must complete the transition to the new system by 2028....
...Dental care was the most skipped treatment, followed by a visit to a doctor....
...Hence we think share price underperformance of wholesale banks such as DBK (4.7x P/E 2024E), BARC (3.9x P/E 2024E), BNP (6.9x P/E 2024E) as well as by some Money Center Banks is overdone....
...So all’s well that ends well for the average DB pension scheme? A few caveats....
...to S&P Global....
...Of course, DB has some form when it comes to regulatory infractions, but if it is guilty of unlawful greenwashing then there are likely a lot of investment groups that should feel uneasy....
...Shares in Moderna were down 2.2 per cent in morning trading in New York, while the broader S&P 500 was up 0.4 per cent and the Nasdaq Composite was down 0.5 per cent....
...The S&P 500 share index slipped 1.9 per cent. The technology-focused Nasdaq Composite fell 2.8 per cent, having closed down 2.1 per cent a day earlier....
...A toxic mixture of the stock market falling and inflation rising will be making them feel very nervous. A lot of the 60-plus group will have a defined benefit (DB) pension....
...We look forward to finding out how this DB-level snafu happened....
...A more plausible explanation for the poor relative performance of UK equities might be the FTSE 100’s skew towards cyclical and value stocks in comparison to the S&P 500’s bias to growth, during a period...
...The US insurer conducted its household poll over new year when the S&P 500 index also scaled a historic peak. This cannot be a coincidence. The Tooth Fairy was unavailable for comment....
...steady rise in the S&P 500 index....
...When I learnt he had started his tenure with a “Meeting Charlie Nunn” video, I sterilised my dental guard in readiness. But, cynic though I am, I think it is a clever piece of work....
...The S&P 500 fell -8.3% (median) after those growth tops. Given the stretched positioning in this cycle he was/is expecting something at the top end of a 6-10% correction over the next couple of months....
...Currently, the cyclically-adjusted earnings yield on the S&P 500 is only 2.6 per cent. This is at crash-warning levels, by historical standards....
...It has branched out into neurosurgical robots, dental products and 3D printing in recent years....
...P&G increased its targets for the full year after it produced net income of $4.3bn in the quarter, up from $3.6bn in the same period a year ago....
...The healthcare sector added 126,000 jobs, driven in part by increased employment at dental clinics....
...The S&P 500 index has posted gains of 13 per cent since the end of March....
...Its net debt to ebitda ratio has nearly doubled to three times since 2015, according to S&P....
...Disclosure is key, Michelle Brennan, a managing director at S&P Global Ratings and the primary credit analyst on the report, told Moral Money....
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