Hints and tips:
...The ETS price was more influenced by the gas the EU had been able to store, mild weather and weak economic growth in the region....
...More seriously, Goetzman et al argue that art price changes are largely a function of wealth concentration....
...The near-term financial burden in the base case is what China et al are objecting to. Here’s what the Zambian finance ministry said it had been told after the deal collapsed....
...The riskiest, most beat-up members of the group (KeyCorp, Comerica, Zions, Western Alliance et al) rose the most....
...The group held €964mn in debt by the end of 2022....
...These do not include the country’s financial elite, nor the small group that controls the bulk of our media....
...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....
...Isn’t it high time the regulators increased oversight on Blackstone and Apollo, et al, as this relatively new and powerful group of financial titans continue their march to the top of the heap on Wall Street...
...The point is to be a convening place that can contribute by offering “le gîte et le couvert” — “a place to eat and a place to sleep” — she added....
...And for all the flaws of the current approach to equity and inclusion, Edmans et al say it does seem to be bearing some fruit: the average DEI score from their calculations has risen from 4.1 out of 5 in...
...To put it more simply: Jiang et al argue there are $2.2tn in mark-to-market losses out there, and there is only $2.2tn in equity in the US banking system....
...An enormous amount of capital expenditure is going into what they hope is a new boom in generative AI....
...The biggest motor insurers in the UK, for example, are the same ones that were around a decade or two ago — Aviva, Admiral, Direct Line et al. It is a similar story in the US....
...In the US, at least, mom-and-pop investors and advisers build portfolios with the categories used by Morningstar et al....
...To this day, many Americans will take their first steps on the road to appreciating art via the legacy of Frick, Rockefeller, Carnegie et al....
...ExxonMobil’s stock market recovery first began when Pfizer et al announced that they had developed a strong slate of anti-Covid vaccines in November 2020....
...However, Bebchuk et al conclude that this throws the ball into the government’s court....
...In this environment, groups such as T Rowe, Capital Group and Baillie Gifford have justified their existence — and their fees — by proving that you can beat the index if you take long-term, concentrated...
...(NPR) Opinion: There is still work to be done cracking down on methane and other superpollutants (Bledsoe et al, NYT)...
...Or, if the weather’s warm, try their signature Cappuccino Al Freddo, a frothy iced number whipped up in a milkshake maker....
...Built in the 1700s and rebuilt the following century with uniform Queen Anne-style architecture, today its retail offering is largely designer fashion — Balenciaga, Oscar de la Renta, Céline et al....
...The paper by Barber et al calculates that “the top 0.5% of stocks bought every day lose about 4.7% over the subsequent month”....
...After growing up in the countryside in Anhui province, he struggled through a number of odd jobs in Hefei, Anhui’s capital, before becoming China’s top ranked 100km runner....
...By avoiding the distribution of realised capital gains, the average ETF has had a tax burden 0.92 percentage points lower than that of the typical mutual fund over the past five years, Moussawi et al found...
...Et cetera, ad nauseam. The numbers seem to back up the thesis....
International Edition