Hints and tips:
...Once it has broken its dry spell, the S&P tends to rise an average of 14 per cent in the subsequent year, he said....
...London’s unfancied FTSE 100 index, which rose just 3.8 per cent this year against a 24 per cent jump in Wall Street’s S&P 500, was also home to high-street mainstay Marks and Spencer, which took the third...
...Homebuilders Lennar and DR Horton rose by more than 2 per cent, reflecting optimism that a continued decline in inflation will bring about looser monetary policy....
...The benchmark S&P 500 dropped 0.6 per cent on Friday, with 54 per cent of stocks falling, and tech the worst performer....
...Pulte, DR Horton and other big builders have all said on recent earnings calls that they are looking to boost their sales to first-time buyers....
...The domestic stock market index, the ASE, is up almost 40 per cent over the past year, outperforming the S&P 500....
...P.S. And no, no frozen horse in this one (Michelle Mone’s horse may be barred from Grand National — The Times)...
...He worked there from October 2018, and headed the firm’s S&P 500 options desk until his move to Millennium in February. Spottiswood worked for Jane Street from August 2020 to February....
...The S&P 500 was up 0.3 per cent....
...US housebuilder Smith Douglas kicked off this year’s IPO efforts stateside this month; its shares are still about 15 per cent above the listing price....
...Jared Halpern, of Douglas Elliman in New York, has been telling customers that if they take out a mortgage now, they can refinance when rates are lower....
...Shares in DR Horton, Lennar and NVR, which Berkshire disclosed it owned this week, have risen about a third apiece this year, far outpacing the S&P 500 stock index....
...According to S&P Global, in the first nine months of 2023 global private equity investments had an aggregate value of $365.3bn, a decline of 44 per cent year over year....
...Data visualisation by Ray Douglas...
...Compare that with the S&P 500’s 17 per cent rise. Valuations, too, are relatively pricey. Lennar trades on 12 times forward earnings and DR Horton at 11 times — both the highest since autumn 2020....
...Enter stage right, Douglas Wigdor, a lawyer who measured in dollars is the undisputed legal leader of the #MeToo movement....
...Other substantial sellers at the bank include commercial banking boss Douglas Petno, who has sold $34mn, and co-head of consumer banking Marianne Lake, who has sold $29mn....
...former Soviet Union 1997-2001 Amb Richard MorningstarFounding Chairman, Atlantic Council’s Global Energy Center, US Ambassador to Azerbaijan 2012-14 and US Ambassador to the European Union 1999-2001 Amb P...
...Pulte has been one of the best- performing stocks in the S&P 500. Never pick stocks, even in a stupid stockpicking contest, on the basis of superficial research....
...RBI’s 33 per cent ebitda margin is a third less than McDonald’s, according to S&P Global Market Intelligence....
...The average pay of an S&P 500 boss hit $18.3mn in 2021, nearly four times more than that of a FTSE 100 chief at £4.26mn, while median pay stood at $14.5mn versus £3.4mn, according to the High Pay Centre...
...The S&P Homebuilders Select Industry index is down 25 per cent so far this year, outpacing losses on the S&P 500 index....
...“What Wodehouse writes is pure word music,” the late Douglas Adams said. It takes one comic genius to recognise another....
...Writer Douglas Adams said he loved the whooshing noise deadlines made as they sailed past. Not so buyout groups....
International Edition