Hints and tips:
...This, as I understand it, is one upshot of the work of people such as Atif Mian, Ludwig Straub and Amir Sufi; and Michael Pettis and Matthew Klein....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...In his latest edition of The Overshoot, Matt Klein points out an important subtlety....
...Ethan here; Rob returns tomorrow. Is all the good news priced in already?...
...Several readers took the line that our friend Matt Klein (everyone subscribe to The Overshoot!)...
...Email me: ethan.wu@ft.com....
...Here, from Matt Klein’s latest newsletter, is where excess savings stand today....
...(Ethan Wu) One good read Over at Matt Klein’s The Overshoot, Toby Nangle gives a more detailed version of his argument that asset managers should avoid working for totalitarian regimes....
...We’re keen to hear your thoughts, too: robert.armstrong@ft.com and ethan.wu@ft.com....
...Send us a better theory: robert.armstrong@ft.com and ethan.wu@ft.com....
...Email us: robert.armstrong@ft.com & ethan.wu@ft.com. The bad good news on jobs Stock market bulls have no use for strong job growth just now....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. First Republic (and the banking system) As of yesterday morning, First Republic’s shares had fallen 80 per cent in a little over a week....
...Email us: robert.armsrong@ft.com and ethan.wu@ft.com....
...Greg Obenshain at Verdad makes the case in a recent note (thanks to Matt Klein for spotting). You might think inflation would eat away at bonds’ fixed payments....
...Complaints about today’s letter go straight to Ethan at ethan.wu@ft.com. What kind of rally is this, anyway? Between the start of the year and June 16, the S&P 500 fell 23 per cent....
...Of course, if the newspaper business gets badly hurt, Ethan and I are in trouble, too. But at least we will look prescient while we pack up our desks. Lastly, GameStop....
...Ethan will have something to say on this when he returns, but he has a cold. Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...One good read A global economy whistle-stop tour with Matt Klein and Cardiff Garcia....
...Email me at robert.armstrong@ft.com or Ethan at ethan.wu@ft.com. What kind of real estate bubble is this, anyway?...
...If you disagree with this or any of the other equally correct opinions found below, email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Here’s Ethan’s key chart: Michael Howell of CrossBorder Capital, in a recent note, looks for the causes of the US outperformance....
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