Hints and tips:
...Yesterday, we tried to make sense of the November rally, during which the S&P 500 has risen 11 per cent from its October lows....
...Since mid-May, NRG’s shares have risen 47 per cent, compared with a 10 per cent loss for the S&P 500 utilities index. Shares of NRG fell 1 per cent in early trading on Monday....
...One measure of global US dollar liquidity, tracked by Michael Howell of CrossBorder Capital, shot up 29 per cent between October and February. This couldn’t last, and didn’t....
...As Michael Howell of CrossBorder Capital points out, the Chinese and Japanese central banks are both in stimulus mode....
...Is the Fed really going to commit an “own goal”, in Howell’s words, by draining liquidity from a banking system it has gone to some length to protect?...
...Intriguingly, Howell Jackson at Harvard Law School and Tyler Gellasch of the investor-backed Healthy Markets Association reckon the initial US OK for bundled commissions in 1975 was only meant to be temporary...
...As of today, the sector is up 20 per cent since the end of September, versus 11 per cent for the S&P....
...His win with Black against Anish Giri of the Netherlands showed the No1’s technique at its best, as well as his constant search for improvement....
...“You don’t need to worry about shareholder resolutions — you just call the chief executive,” says Andrew Howell, senior director of sustainable finance at US advocacy group Environmental Defense Fund....
...I think that Howell and Tucker have a point....
...When the UK’s Medical Research Council refused to countenance work on IVF in 1971, US philanthropist Lillian Lincoln Howell supported pioneers Edwards, Steptoe and Purdy (a fact only acknowledged after her...
...The S&P 500’s price/earnings ratio tells the story here. We are not anywhere near the lows of previous major drawdowns, such as 2001 and 2008....
...About half the assets under management in US equity funds passively track indices such as the S&P 500, according to Bloomberg Intelligence....
...Michael Howell of CrossBorder Capital is the prime proponent of this view....
...So much so that holding the S&P 500 last year would have nearly trebled the average hedge fund return....
...Here is the past 10 years of fund flows, plotted against the S&P 500, showing an imperfect but suggestive correlation: How much of this has to do with those measly bond yields?...
...andrew.edgecliffe-johnson@ft.com Letter in response to this article: Equity ownership is the right kind of levelling up / From David Howell, House of Lords, London SW1, UK...
...Play continues with knockout rounds until Sunday, February 14, with games starting at 4pm GMT daily on chess24.com and free grandmaster commentary by England’s David Howell and Jovanka Houska....
...World champion Magnus Carlsen, French world No 5 Maxime Vachier-Lagrave and England’s former prodigy and triple British champion David Howell, plus four others from the world top 100, have all celebrated...
...“You look like you’re going to an S&M party in a cheese factory.” That’s my husband’s verdict as I try out a pair of black studded Hermès clogs....
...Hunter S Thompson used to write out pages of F Scott Fitzgerald’s The Great Gatsby so he could “feel” what it was like to be a great writer....
...It is unlikely that we will see much public discord, as F1’s management prefers to conduct business in private....
...He must increase F1’s business so that more cash flows into teams’ coffers. “I think we’ve made a lot of headway,” he says....
...As the bill is soon to be debated in the House of Lords, many lawyers believe the government ‘s comments about breaking international law may have backfired badly — even if they were meant as political threats...
...Subscribe on Apple, Spotify, or wherever you listen Letter in response to this column: A billionaire’s makeover stretches credulity / From Adam Howell, Doylestown, PA, US...
International Edition