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...Email: stuart.kirk@ft.com; Twitter: @stuartkirk__...
...Email: stuart.kirk@ft.com; Twitter: @stuartkirk__ This article has been republished to correct a figure in Stuart Kirk’s asset table...
...Or that the S&P 500 has just racked up five days on the trot of all-time highs, despite the fact if you turn over the business cards of almost half of its chief executives they read “Chair” on the other...
...This means that the S&P 500 relies to an even greater extent on hope rather than fundamentals....
...The group recorded a net profit of ¥231bn ($1.5bn) in the quarter to the end of March, beating analysts’ expectations of a ¥23.3bn profit, according to S&P Capital IQ....
...If that dollar had been invested in the S&P 500, the main US index, its value would have multiplied more than 12 times over that period....
...Email: stuart.kirk@ft.com; X: @stuartkirk__...
...Stuart Kirk. . . or rising....
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