Hints and tips:
...The decades-long bull run of the bond market which has served Pimco so well has been declared at an end....
...His Friday blog post, called “Young Bull Market?”...
...Read our obituary here and don’t miss the lessons to learn from Robertson and Tiger....
...“Some people didn’t understand what they were doing there and why there wasn’t going to be a decision on anything,” one of the people said. “It was messy.”...
...Or the jargon of “red pill” vs “blue pill” thinking: a cinematic allusion not to Cool Hand Luke or Raging Bull, but to The Matrix, for heaven’s sake....
...But will Europe deliver a bull market in the American sense of the word? Don’t bet on it....
...If we don’t make changes we are headed for civil unrest.”...
...“I don’t think a windfall tax is going to incentivise people to invest in the thing that we need right now,” he told the Financial Times....
...Soldiers won’t fight for a state that does not serve its people....
...In response to ‘Awaking to a detoxified Washington’:“Bull’s eye on the description of Biden....
...When I started writing for Moral Money a year ago, I didn’t see the term ESG often in the Nikkei, one of Asia’s largest financial publications....
...Wakam, one of France’s oldest insurers, recruited former PartnerRe chief executive, Emmanuel Clarke, as its new chairman. More here....
...Don’t forget to click here if you’d like to receive Trade Secrets every Monday to Thursday. And we want to hear from you....
...Five decades, 25 films From Raging Bull to Spirited Away, the FT’s outgoing film critic Nigel Andrews picks his favourite films....
...Dutch liberal MEP Sophie in ’t Veld asked whether she would be a “lapdog of the member state” or “the pit bull that I would like you to be?”...
...Until recently, some cynics have suspected that the current boom in ESG was partly driven by the wider bull market....
...“We hope they are not bulls***,” said Johan Frijns, director of campaigns at BankTrack....
...While the US won’t “abrogate” its responsibilities, don’t expect it to be a “sucker”, he said....
...This bull-baiting took place in town squares, at feasts and even at wakes and weddings. Perhaps the best man’s speeches weren’t brutal enough. Putting an end to baiting was not easy....
...Yields won’t rise, bonds won’t fall and equity markets will go grinding up forever, because the Fed and other global central banks are in the grip of the markets....
...Valuations are still very high, but we can’t say we’re done” with the bull market. The upswing has further to go, agreed Paul Sheard, chief economist of Standard & Poor’s, the rating agency....
...Emmanuel Macron’s victory in the French presidential elections was the major event in Europe this week. The impact he will have on Brexit has provoked intense debate in Britain....
...“If we don’t agree, we don’t do something.” And he promises that which bond investors prize above all: stability....
...As Emmanuel Macron consolidates his grip on France, the euro continued its rise....
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