Hints and tips:
...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....
...If you owned rate-sensitive, high-risk stocks yesterday you have Unhedged’s permission to sell and take the rest of the year off (Carvana, Zillow, SoFi, et al rose 10 per cent or more)....
...Ravel: Daphnis et Chloé Sinfonia of London The Sinfonia of London reaches new heights....
...But then there’s a switch, three and a half pages in: in dark ink, Kafka makes a short, thick line and starts again, this time in the first person: “Es war spät abend als ich ankam” (“It was late in the...
...Everyone expects Jay Powell et al to say “no rate increase today, but maybe in a month”....
...The recent rise of the Faangs, et al, looks like a knee-jerk reaction to the fall in rates and rate expectations that followed the banking mess (the 10-year yield has fallen from 4-ish per cent to 3.6-ish...
...Enough strength left over, in other words, to put off a recession for now. Think we’re wrong? Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...The addition of the “+” countries (Russia, Kazakhstan, Mexico et al) to the cartel have increased its market share....
...If we are right that consumer spending, despite some recent softening on the margin, is still at or above trend, that is another thing for Powell et al to fret over....
...Email me: robert.armstrong@ft.com....
...Prosecute fraud, maybe regulate crypto exchanges like casinos, and keep the SEC et al out of it. This is a disagreement about how to cordon off crypto so that when crypto burns, it is controlled....
...Arnott et al estimate that stocks ejected from the S&P 500 actually outperformed new entrants by an average of 2,200 basis points in the year after the index rejig (FTAV has written about the index inclusion...
...The mid 19th century saw the arrival of Italy’s big breweries — Peroni, Moretti, Poretti, Menabrea et al — as well as the grape phylloxera blight that drove demand for alternatives to wine....
...The suites vary, but all are 50sq m with courtyard entrances, and furnished with pieces by – or at least inspired by – Arne Jacobsen, Eero Saarinen, Joe Colombo, Isamu Noguchi, Charles and Ray Eames et al...
...All assets may perform badly under stagflation, but we’d rather own Pepsi, Johnson & Johnson, Kimberly-Clark, Bristol-Myers et al than sit and watch our cash lose its earnings power....
...Meanwhile in American male major league sports, teams are actually getting younger for a variety of reasons. In other words, Benzema et al are outliers....
...Now two New York galleries are collaborating on a show to cement Drexler’s re-emergence....
...Whatever you might think of Robinhood et al, retail investors do appear to value their services. You can’t ignore the regulatory politics either....
...Her father was prime minister when brigadier Omar al-Bashir led a coup against his democratically elected government in 1989....
...“The concept is comply or explain,” said Mr di Sibio, who argues this action will have a snowball effect.* Of course this begs another question: what happens to SASB, GRI et al?...
...There is similar evidence of carbon intensity in the portfolios purchased in asset purchase programs (Matikainen et al. 2017, Battiston and 31 Monasterolo 2019)....
...We’re at a “compelling entry point for Asos with operational issues of 2019 now behind it but still in the price”, it says....
...Certainly, the food remains classic and lush (guinea hen with truffles and Madeira et al), and the prices remain high to the point of becoming a sort of performance art....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...But the environment of tracing assets for a listed company where you’re driven by the bottom line encourages risk-taking that could blow up in your face.”...
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