Hints and tips:
...Tim Rourke, UK head of P&C pricing, product, claims and underwriting at WTW, said the data suggested “the relentless rise in prices may finally be turning a corner”....
...S&P Global Ratings said in a report on Thursday that triple C borrowers would “contend with weak cash flow and elevated interest expenses this year”, while “defaults in 2024 [would] largely come from consumer-facing...
...With just 1.2bn people having an income above $12K a year, Apple is valued on an EV per pop of c$2,300, which requires c$800pp of annual spend, on the global equity strategy team’s calculations. 4....
...US stocks opened higher on Tuesday as investors stuck to their belief that interest rates are set to fall in the first half of next year....
...“Hinkley Point C is not a government project and so any additional costs or schedule overruns are the responsibility of EDF and its partners and in no way will fall on taxpayers,” it said....
...S&P this month downgraded Thames Water’s top-ranked class A debt to BBB-, the bottom rung of investment-grade, just one notch above junk....
...We like boxes B and C. Will the long end follow the short end down, and why? We can debate how much short rates will come down, but it seems pretty clear that they will fall....
...The value of short positions against Argentine bonds lent by international custodian banks is currently $41mn, a sharp increase from $25mn ahead the mid-August vote, according to data from S&P Global Market...
...The Fed’s projections triggered a rally in US stocks and a sharp fall in Treasury yields....
...As ratings drop to C and D, the risk of default rises accordingly Developing nations with bad borrowing records may fall into these buckets....
...After assembling a team of specialists for a complicated job, a contractor falls asleep on a plane....
...Chart from S&P Global, through September: Part of the reason for this is that companies are making money....
...Rating agency S&P downgraded the company three notches on Thursday to triple C on “non-payment risk” and estimated it had only $200mn, or half the required funds, currently available....
...Little exemplifies this better than the rise and fall of cryptocurrency....
...Not only did they fall excruciatingly far, with a 20 per cent retreat in the S&P 500 over the 12 months. But they also dropped in a relentless way....
...The “labour hoarding” we are seeing will only last for so long if margins continue to fall....
...Such falls have notably outpaced drops in the stated value of the underlying portfolios, effectively giving investors the opportunity to buy in at a discount....
...Add two more percentage points of capital to that bank, and return on equity falls to 12.5 per cent. That is a big fall in profitability....
...The organisation’s psychology-based transformation programmes have been taken up by 62 per cent of FTSE 100 companies and 59 per cent of the S&P 100. Leading by example, one could say....
...sharply when the market falls most (2001, 2009, early 2020)....
...The total value of the UK’s bonds borrowed by investors to wager on a fall in prices last week dropped below £65bn, according to data from S&P Global Market Intelligence — its lowest level since at least...
...Most large consumer packaged goods groups, including P&G, are still operating on tighter margins than they were before the pandemic....
...“It was an extraordinary ‘fall on your face’ by Carlyle,” the person adds....
...Most other views out there fall into opposing camps....
...Then I make my way down the plush C-suite corridors back to the elevator. Follow This is a movement of 9,000 shareholders in oil and gas companies....
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