Hints and tips:
...LIV and Let Die pierces the game’s carefully curated image of decorum, exposing its greed, cynicism and hypocrisy....
...More seriously, Goetzman et al argue that art price changes are largely a function of wealth concentration....
...Bored of words, Ma et al. then tried numbers — roughly recreating the ratio of earnings revisions deployed above, but utilising forecasts of “earnings and other metrics” instead of just rating labels: We...
...They found that the standout stocks today are at much cheaper valuations than the stars of the 90s were, and while the valuations of the Magnificent 7 et al do look a lot like the “Nifties,” they tend to...
...The most powerful crypto price accelerant is a positive-sounding theme from an influential source that’s encouraging to a silent majority (Mei et al)....
...Bad Bunny has been the most streamed artist on Spotify every year since 2020, a Latin American challenger to the Anglosphere supremacy of Drake, Taylor Swift, Ed Sheeran et al....
...Another, similar question: What does this mean for Robert Jenrick, Suella Braverman, et al? Handily this has the same answer: it’s not good either!...
...Hermès, L’Oréal, Dior et al sell an idea of French high-end craftsmanship that derives almost whole cloth from the 17th-century court of Versailles....
...The riskiest, most beat-up members of the group (KeyCorp, Comerica, Zions, Western Alliance et al) rose the most....
...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)....
...A classic doom loop, in other words. But as Goldman’s Praveen Korapaty et al point out, the US government bond market has been pretty choppy for a while now....
...I would argue that the actual variable that [Haskel et al] use to model catch-up is not, in my view, sufficient or satisfactory....
...And I think you could think of this as a knock against US stocks, right? What about the Mag Seven? What about how concentrated the stock market gains are with Nvidia, Microsoft, Google et al?...
...Saudi Arabia plans to launch a multibillion-dollar investment company within the PIF, two people familiar with the matter told the FT’s Samer Al-Atrush in Dubai and Samuel Agini, to scout more deals in the...
...say Jonas et al. Yes it can! Look! And look! And look! That’s Tesla on an EV of 28.3 times 2025 ebitda, per Morgan Stanley forecasts, which is more expensive than Nvidia’s 25.3 times ebitda....
...And for all the flaws of the current approach to equity and inclusion, Edmans et al say it does seem to be bearing some fruit: the average DEI score from their calculations has risen from 4.1 out of 5 in...
...Shares in other banks considered to have some degree of asset-liability mismatch (Western Alliance, Zions et al) only saw their shares wobble a little bit yesterday....
...“And that’s what happened in 2022. We have to be humble.” Peynaud’s successors at the University of Bordeaux, currently Marchal et al, produce a detailed report on the growing season every year....
...The evidence we have suggests that as an inflation hedge bitcoin is useless (Smales, 2021), mostly useless (Conlon et al, 2021), randomly worse than useless (Matkovskyy and Jalan, 2020), or consistently...
...Commentators from Levine downwards have written insightfully and/or at length about the ways in which concentration matters....
...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...
...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....
...stash in your basement, is significantly worse Or, as Beutel et. al put it: Our results indicate that the strength of the GDP growth response systematically varies with certain country characteristics...
...The evidence is reviewed in a forthcoming article in the Annual Review of Economics....
...The specifics don’t hugely matter (baby Roys may disagree)....
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