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...In the US, the S&P 500 has added 7.9 per cent....
...Of this gamma supply, ~70% is on the S&P 500/SPY options,~25% is in Nasdaq/QQQ, and the remainder is a variety of index/ETF exposures (mainly Russell 2000, MSCI EAFE, and MSCI EM) and single names (mainly...
...The Granolas’ share of the Stoxx Europe 600 index has climbed to 25 per cent, approaching the Magnificent Seven’s 28 per cent weighting in the S&P 500....
...Since a painful 10 per cent correction between July and October, the S&P 500 has risen more than 25 per cent....
...“I would anticipate that some of the frothiness around rate cuts will start to fade in the new year,” said Greg Peters, co-chief investment officer at PGIM Fixed Income....
...That’s really problematic for the rest of us,” said John Duncan, co-lead for the Business Coalition for a Global Plastics Treaty, a group of more than 200 companies including Walmart, PepsiCo, and L’Oréal...
...“In Paris, there was even talk of covering the Seine with a highway. That’s how far we went!” I’m reminded of former president Georges Pompidou’s famous declaration: “The French love their cars.”...
...monarch, George V at the Empire Exhibition in London, and the first commemorative stamps being issued in Great Britain....
...The S&P 500 index closed at its highest level since March 2022 last week, although it was down 0.6 per cent midway through Monday’s session....
...“This seems to be a bit excessive and we are now facing a co-ordinated effort by ECB policymakers to push against those market-implied rate cuts,” said Christian Kopf, head of fixed income at Union Investment...
...A McKinsey-led think-tank advised China on policy that fed tensions with the US, including how to deepen co-operation between business and the military and push foreign companies out of sensitive industries...
...Japan’s Nikkei publishes the manufacturing PMI for July and S&P Global releases similar figures for India, South Korea, the Philippines, Taiwan and Vietnam. Australia also provides a manufacturing PMI....
...Electoral impact of the war: Pro-Palestinian firebrand George Galloway won a decisive victory in a UK by-election overnight in the northern seat of Rochdale. 4....
...Co-owned by importers Beattie & Roberts and charcutier George Jephson, Newington Green’s Cadet (supposedly pronounced “Cad-ey”) has an impressive pedigree: Tom Beattie managed Clapton’s P Franco, a perennially...
...“That’s an implicit signal that those asset managers don’t focus on executive pay,” said George Georgiev, a professor at Emory University’s law school....
...teenager, and the firebrand George Galloway....
...The show has moved to New York’s Metropolitan Museum, a now standard Paris-America joint venture; next year’s blockbuster, Paris 1874: Inventing Impressionism, is an Orsay-Washington co-production. 5....
...Brazil’s Natura & Co, owner of The Body Shop and Avon brands, said it had entered into a binding agreement with L’Oréal to sell Aesop in a transaction with an enterprise value of $2.5bn....
...“The US stands out as the largest CO₂ emitter on this list, as well as a country with intense party-line polarisation around climate policy.”...
...There was still time to board P&O Pioneer as a foot passenger, departing at 1.45pm....
...The schedule also alludes to memorable moments from the Queen’s 13 trips to France, such as a stop she made at a flower market on Paris’s l’île de la Cité on her first visit in 1948 as a young princess....
...The Cac 40 has risen 16 per cent so far this year and by more than 30 per cent since a low at the end of September, outperforming Europe’s region-wide Stoxx 600 and the US S&P 500 over the same period....
...Of course the irony of a hedge fund tycoon calling out hedge fund pay was not lost. But Marshall, co-founder of Marshall Wace, still has a point....
...The S&P is roughly flat for the month, having rallied in March even as three midsized banks failed....
...In 2018 Marshall’s “Past Times”, black figures picnicking and boating in reference to Monet’s “Déjeuner sur l’herbe” and river idylls, sold to rapper P Diddy for $21mn....
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