Hints and tips:
...“Uncertainty about the narrative of where we’re going in rates is the source of why things are so turbulent at the moment.”...
...On the subject of world leaders, Australia’s prime minister Anthony Albanese is in China and will on Monday meet both President Xi Jinping and premier Li Qiang illustrating a remarkable recovery in relations...
...If you’re in the UK, remember to put your clocks back next Sunday....
...While you’re in Wigtown, pay a visit to The Book Shop, said to be Scotland’s largest second-hand bookshop....
...Here, from Citigroup’s Anthony Pettinari, is a chart of total new homes for sale: This puts homebuilders in an excellent position relative to their key competitor — existing homes....
...Like many managers, Mayne does not use the P-word much, arguing that it “means very different things in different contexts” and might not be an appropriate way for a company like Forsberg, whose customers...
...HT to Amplify’s Anthony Cheung for most of these....
...Now, they’re in the eye of the storm, the New York Times reports. Sign of the times Big changes are afoot in markets....
...US, president Joe Biden meets with British prime minister Rishi Sunak and his Australian counterpart Anthony Albanese in California for talks on the Aukus defence pact, including whether to help Canberra...
...“We are seeing advertisers worried about a possible recession and so we’re seeing them reduce their spend,” Roku’s chief executive Anthony Wood told investors last week....
...This year’s losses are milder than the 12.8 per cent fall in the benchmark S&P 500 index of US stocks, including dividends....
...The S&P 500 closed 1.2 per cent lower in New York, erasing a gain of 1.9 per cent earlier in the session. The decline marked the benchmark’s largest intraday swing since March....
...a pageant re-enacting the historical entry of Charles V, begins in Brussels UK, Committee on Climate Change publishes its 2022 progress report to parliament, assessing the UK’s chances of achieving net...
...What else we’re reading Is the global economy heading for recession?...
...The narrower gain continued a trend seen over the past fortnight, in which the Nasdaq has trailed the S&P 500....
...Turning now to markets, the S&P hit new high after new high in 2021. Will that continue in 2022 or is it going to dip? And if it does dip, how bad is it gonna be?...
...The S&P 500 advanced 0.9 per cent, with almost three-quarters of the companies in the index rising. Meanwhile, the technology-heavy Nasdaq Composite rose 1.6 per cent....
...Coronavirus digest Early signals about the severity of the Omicron variant are “encouraging”, according to Anthony Fauci, chief medical adviser to Joe Biden....
...What else we’re reading and watching The fight for the future of Chile Known for its stability, a presidential election in Chile is pitting a leftist against an ultraconservative and has exposed serious...
...The S&P 500 stocks that sold off the most were the best performers in the blue-chip index over the past year, while the worst performers sold off the least....
...They’re not so excited, they’re not so angry,” said Ivan Cosovic, founder of Breakout Point....
...“People don’t, I think, appreciate that it’s the lockdown that has been overwhelmingly important in delivering this improvement in the pandemic and in the figures that we’re seeing.”...
...The S&P 500 index had its worst session in a month, giving up morning gains to close the trading day down 0.9 per cent....
...Robert Shrimsley says there is no cunning wheeze in the British government to stop independence. (FT) What else we’re reading Can Biden usher in a higher minimum wage?...
...As are we, because in the end we’re the ones sending the bill, not the policymakers,” Thomas Farrell, Dominion’s chief executive, told the FT....
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