Hints and tips:
...Economic data: S&P Global publishes US services purchasing managers’ indices and we also get November jobless claims from private sector payroll services provider ADP....
...In contrast, the S&P 500’s price-to-book ratio is close to the record 5 times it touched in 2021 and 2000 (the Nasdaq’s P/B ratio is close to 7.5 times)....
...Where are lawmakers at in the process? Lauren Fedor Well, they’re in the middle of a pretty big mess right about now. On the House side, they are churning through all sorts of smaller funding bills....
...We’re also reading . . . Public debt: Jamaica halved its government debt-to-gross domestic product ratio in a decade, writes Soumaya Keynes. What can we learn from its example?...
...Jeffrey Gundlach, one of the biggest names in the bond world, is feeling sorry for “poor” stock investors....
...But as it continues to scale, monetise and prepare for a potential market debut, possibly in the US, Telegram will face increasing pressure to tame its dark underbelly. We’re also reading . . ....
...The S&P 500 is up more than a third since the start of 2021 and hit record highs this year. Unemployment is near record lows....
...A: Jeffrey Gundlach Which rapper is in a legal row with Diageo for breach of contract over the distribution of drinks DeLeón and Cîroc?...
...Yesterday the S&P 500 closed at its highest level for more than a year, powered by a rally in large tech stocks....
...We’re also reading . . . Netflix: The streaming platform’s move to crack down on password sharing is a necessary risk in tackling its 100mn freeloaders, writes Christopher Grimes....
...The bank’s shares have outperformed the benchmark S&P 500 and the KBW banking index in the last year, and it has emerged as one of the winners in the recent regional banking crisis....
...The S&P 500 is often used as the default comparison because of its ubiquity, but, in reality, it’s a poor benchmark for private equity returns given how top-heavy it is....
...Inclusive Capital’s results were down 6 per cent in 2022, while the S&P 500 declined by 18 per cent, people familiar said....
...This fragile patchwork could unravel completely owing to the emergence of a new, disruptive, opaque and powerful force in sovereign debt: China. We’re also reading . . ....
...Led by executive co-chairs Joel and Avi, the six Glazer siblings on the club’s board made clear in November that they’re open to a sale of the English Premier League club as part of a wider strategic review...
...He writes in his semi-regular investment outlook: . . . sometime between my departure in 2014 and now, Pimco and other leading proponents of the concept including self-anointed “bond king” Jeffrey Gundlach...
...Jeffrey Severts, who writes about the failures of performance evaluations in Deadly Memos: Performance Management, emphasises how crucial it is to not react negatively in the moment....
...Jeffrey Allen Bell, Kirkland, Washington, US “Even pre WWII and almost post WWII there were direct contacts. It is imperative to do it now.”...
...Legal & General Investment Management is planning to vote against the election of several Amazon directors, including founder, former CEO, amateur astronaut and full-time bodybuilder Jeffrey P. Bezos....
...; the US S&P 500 was down 17 per cent....
...US equity futures inch up after S&P 500 reaches record closing high European stocks made muted gains in morning dealings today, as investors trading during the holiday period noted rising cases of Covid-...
...Jes Staley pressed JPMorgan to keep Jeffrey Epstein Jes Staley, then-head of JPMorgan Chase’s investment bank, pushed the US lender to keep Jeffrey Epstein as a client — despite the disgraced financier’s...
...Investing under inflation is hard The S&P 500 is down 8 per cent this year, a bear market in bonds is here, everyone’s sweating inflation, and recession whispers are getting louder....
...“We’re happy to announce the time has come to lift the Uzbek Cotton Pledge,” said Patricia Jurewicz, head of the Responsible Sourcing Network and Cotton Campaign co-founder....
...The decision came a day after a judge in New York rejected an attempt by the Queen’s second son to prevent a civil court action lawsuit by Jeffrey Epstein victim Virginia Roberts Giuffre....
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