Hints and tips:
...Little did I expect that by 2023, K-pop would have blazed into the mainstream, becoming one of the most popular musical genres in the world....
...After spending the early part of his career defending corporations from sexual harassment lawsuits, Wigdor began displaying the same distaste for hierarchy that drove Black....
...Past fundraisers include a T-shirt illustrated by Pol Anglada and an NFT version of the designer’s viral patchwork cardigan worn by Harry Styles. akt.org.uk; jwanderson.com K is for Michael KorsEach year...
...Share your thoughts with the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...K Knock-up Why is it so much easier to hit nice shots in a knock-up (the warm-up session) than in an actual match?...
...But as one Seoul-based crypto industry insider told the FT, he’s now famous to the world over just for being an “arrogant p***k”....
...As always, you can reach us at Imani.Moise@ft.com or Sid.V@ft.com. Thanks for reading....
...Their rally of close to 90 per cent since March diverges sharply from the fate of stocks in beaten-up sectors such as banking, leading to claims of a K-shaped rebound....
...The “NYSE Fang plus” index for the sector is still up more than 80 per cent over the past year despite the recent sell-off....
...Corporations and investors can pursue their own interests, but are circumscribed absolutely by those priorities, as defined by the Chinese Communist party....
...Guo’s stark warning came just hours after the S&P 500 closed with its biggest one-day gain in almost nine months....
...They illustrate their argument by comparing the paths to success of the richest people in Mexico and the USA (p. 39)....
...The NYSE Fang+ index of Big Tech companies has risen by almost half in 2020....
...“All we’re going to ask is that the wealthiest among us and the major corporations just begin to pay their fair share,” he said....
...If you are looking to predict the shape of the US economic recovery — be it V, W, L or even K — don’t look at the markets....
...Globally, corporations have raised $2tn so far this year in bonds alone, a $600bn increase on the same period of 2019, according to rating agency S&P....
...The V traced by US indices heavily driven by tech and pharma stocks is appropriately narrow. The S&P 500 is down only 7.6 per cent since the pandemic hit the US and Europe....
...Wilson, Windermere; D Barter, Cumbria; Jean-Marc Sellier, California Polymath 1,010: Robert Jelly, Warwickshire Crossword 16,093: V Le Quesne, Salisbury; Sue Topham, Newark; Anthony Evans, Hove Polymath...
...Two-thirds of companies in the S&P 500 have mentioned climate change metrics in their 10-K filings this year, according to Datamaran, and the same percentage reported metrics or risks around human capital...
...But I doubt that shape of the share price graph will be a perfect V. The other big V — the virus — has exposed too much vulnerability....
...It will certainly require evidence of a V-shaped economic recovery to ignite demand for cyclical and value stocks....
...“It's very ambitious and it’s going places,” said an adviser to large corporations in the EU....
...The value of the S&P 500 is less a gauge of the broad health of US corporations or consumers than it is of the wealth of a few tech firms and value of the 2017 tax cuts....
...jonathan.guthrie@ft.com Letters in response to this column: Focus on the haystack — not on the needles / From Brendan P Geary, Washington, DC, US Active v passive: put more faith in market forces / From...
...However, on metrics that smooth out investment, like P/E, BT looks very cheap, on 6x P/E (sector 15x). Our price target remains 130p....
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