Hints and tips:
...Among large banks, only Wells Fargo has grown assets as fast over the past two decades, and its growing pains are well known. Some regionals have grown faster, but off much smaller bases....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...What about how concentrated the stock market gains are with Nvidia, Microsoft, Google et al? I mean, shouldn’t that weigh against this rally? What about that? Katie MartinMaybe yes....
...Plus if you really miss Brian Cox et al, you can slowly flick through the archive photographs while humming a haunting piano theme....
...Here are the 30-day card delinquency rates for Bank of America, JPMorgan and Wells Fargo (Citi has an annoying comparability issue with its historical data so we left it out) the past five first quarters...
...The Federal Reserve, it appears, is going to tighten with total predictability and imperceptible gentleness; inflation will be transient; Evergrande et al will not sink the Chinese economy; lions will lie...
...Chetty et al. (2017) find that there is a 14 years life expectancy gap between top and bottom 1% males in the US, and that this gap has widened since 2001....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...It followed a string of other adviser exits in recent weeks (Nick Timothy, Fiona Hill et al). More surprising was his candour....
...• Corruption hunters should have access to timely, comparable and relevant open data on the issues above as well as the technology that will allow them to work effectively....
...Because, and as correctly diagnosed by Brooksly Born et al. ahead of time, far from behaving irrationally, finance was behaving hyper-rationally given the incentives that regulators and governments provided...
...Wells Fargo Advisors, which serves regular folks, used to be Wachovia Securities but was re-branded after the smaller bank was acquired during the crisis. Wells Fargo Securities is an investment bank....
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...We suppose, before getting to what might stop this, one should probably discuss what’s hitting the Wunderbund et al. Still early in the day, after all....
...For a company like Rural that is traded on a major exchange, ―[t]urnover measured by average weekly trading of . . . 1% would justify a substantial presumption‖ of market efficiency. 5 Bromberg et al., Bromberg...
...That makes China’s leaders v nervous and restricts policy options....
...Bayer is less well known than his contemporaries at the Bauhaus – Walter Gropius, Wassily Kandinsky, László Moholy-Nagy et al – perhaps because, having emigrated from Germany in 1938, he spent so much of...
...One more for Modi et al to deliver we suppose....
...Efforts to ease policy are running into the wider message from Li et al that there will be no “large scale short term stimulus”....
...Statistical studies (see for example Gadea et al) confirm that there has been no significant break in the behaviour of volatility in the five year period since 2008, compared to that experienced during GM...
...This will restrict the extent of central bank tightening up to 2018 (assuming that Ms Yellen et al believe this research, as they probably do).Those of us who have been worried about the rise in public debt...
...(Financial Times)(Wall Street Journal)(Bloomberg)(FastFT) Moody’s may downgrade biggest US banks, saying bailouts less likely in future: Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo could...
...But, as Neil notes, things could have been worse without all that warehousing shenanigans from Goldman et al....
...No surprise to see GMO et al flag up “impact on third parties” from the start....
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