Hints and tips:
...I’m at the tail-end of a first wave of Asian-American playwrights who didn’t have a clear group of mentors,” he says, citing David Henry Hwang and Julia Cho as contemporaries....
...Unlike the flat S&P 500, the Roundhill meme-stock ETF has had a bumper month. It’s up 10 per cent in July, and up nearly 60 per cent on the year....
...“Although we are seeing growth, that has kind of sterilised investment a little bit,” Celina Hwang, director of North American crude oil markets at S&P, told ES....
...“It is rare for foreign managers to bring in a fund listed overseas for retail investors,” said Hwang Sei-woon, a research fellow at the Korea Capital Market Institute....
...Take a break from the news Quality time — an Amy Hwang cartoon. See more of Amy’s work here....
...Economic data The US economy is projected to have grown at an annualised rate of 1 per cent in the first quarter, its weakest level since 2020’s coronavirus-induced recession....
...In a rare interview with the FT last year, Robertson described Hwang as “a good friend” who had “made a mistake”. Hwang was arrested on US fraud charges earlier this year....
...Companies included in the blue-chip S&P 500 index are expected to post a combined 5.3 per cent year on year fall in earnings for the final three months of 2022, according to FactSet....
...At least its road to recovery won’t be complicated by Hwang being its largest shareholder....
...This month, Birmingham Royal Ballet is dancing its first Kylián work, 1981’s Forgotten Land....
...Credit rating agencies Fitch and S&P both downgraded the bank last month. Credit Suisse is raising the funds via new additional tier 1 (AT1) bonds....
...US stocks also rebounded on Monday afternoon, with the S&P 500 up 0.6 per cent at the close, and the Nasdaq Composite finishing 1.3 per cent higher....
...Over its two decades, the fund delivered average annual returns of more than 25 per cent, and beat the S&P 500 in 14 of the years....
...buyers in roubles, and writer Tim Judah talks about Ukraine’s many volunteer armies, and the FT revealed that Archegos Capital Management quietly amassed a stake in Deutsche Bank after its founder Bill Hwang...
...S&P Global downgraded Credit Suisse AG. We have taken very decisive steps....
...In the autumn of 2021, the nominal trading volume of Tesla options exploded to $241bn a day, as much as all other S&P 500 options combined. Amateur investors are keen punters here....
...The S&P 500 closed up 3 per cent, its largest one-day gain since May 2020, following Powell’s comments....
...The scale and speed of Hwang’s rise and fall are unprecedented....
...Chart of the week Like vampires, Freddy Krueger and goldbugs posting dual axis charts of US M2 overlaid with the S&P 500 on Twitter, the Bloomberg Terminal refuses to die....
...Wolff’s stake is now worth almost £14m, according to S&P Global Intelligence....
...One good read The Bill Hwang story only gets more interesting....
...Last year an S&P 500 ETF made an 18 per cent return. Juiced with massive amounts of borrowing, this is enough to pay the family office bills. These will be extensive because I want all the services....
...Ark set out to have a portfolio that has little overlap with the Nasdaq and the S&P 500....
...The bank’s stock has more than doubled from its pandemic low a year ago and is up 18 per cent this year, outpacing the 11 per cent rise in the S&P 500....
...By contrast, the S&P 500 is up 25 per cent....
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