Hints and tips:
...Indeed, the S&P 500 rarely makes a new high and then fails to make another. Strong gains can come even the year after strong rallies. Last year, the S&P 500 delivered a 26 per cent total return....
...As a result, our grace periods before default tend to be longer than other investors. These variations may skew comparisons....
...Even the UK’s FTSE 100 is edging to its own record high, with all the grace of Mr Bean on ice skates, in a force 10 gale, carrying two bowls of custard, in the dark....
...But funds gained 6.1 per cent on average, compared with the S&P 500’s 26.3 per cent gain....
...Credit rating agency S&P Global downgraded Ethiopia’s debt to default on December 15 after the initial deadline for payment was missed....
...They mostly track the big indices such as the S&P 500 and the Nasdaq 100, and the industry is nearing $10tn in assets under management....
...within any stated grace period....
...Additional contributions from Grace Ramos and Benjamin Wilhelm...
...Back in 2017, Alibaba co-founder Jack Ma predicted that in 30 years, an AI chief executive could grace the cover of Time....
...Additional contributions from Grace Ramos and Euan Healy...
...Additional reporting by Grace Ramos and Benjamin Wilhelm...
...In equity markets, Wall Street’s benchmark S&P 500 closed 0.4 per cent lower while the tech-focused Nasdaq Composite lost 0.1 per cent....
...“[Trump] is so clearly going to win the Republican nomination . . . that he’s letting Murdoch know he’s not soliciting their good graces,” the executive added. “He’s demanding it in a dominant way.”...
...Chart of the day The S&P 500 rose 3.1 per cent in July after closing up 0.2 per cent yesterday at 4,588.96....
...Additional contributions by Grace Ramos and Benjamin Wilhelm...
...Read all about Odey’s fall from grace in this deep dive: The week the City ditched Crispin Odey....
...It is worth remembering that rates rallied sharply following the downgrade of the USA sovereign rating by S&P in August 2011....
...Missing other payments — such as social security and Medicare disbursements or government and military salaries — would not constitute a default, according to Moody’s and S&P....
...Now the waterfront — which forms part of Liverpool Waters, Peel L&P’s £5bn, 30-year project to transform the city’s northern docks — is taking on a new life itself....
...Grace Tam, managing director and chief investment adviser at BNP Wealth Management in Hong Kong, said Chinese companies’ growing interest in listing on SIX had “more to do with the US-China issue”....
...Grace Ng, a JPMorgan economist, said the report “raises concerns of slowing external demand”....
...Entertainingly, even after its fall from grace, Meta still is the 21st largest stock in the index....
...Grace Lordan of the London School of Economics shares eight proactive strategies to identify the source of the problem — and to do something about it....
...Another option is Fevertree Drinks, which fell from grace last year....
...Grace Ng, a JPMorgan economist, said the report raised “concerns of slowing external demand” for products produced in the country’s vast factory sector....
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