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...But valuation shifts don’t go on forever....
...I’m Rob Armstrong. Thanks for listening. [MUSIC PLAYING]...
...Robert Armstrong(Laughter) Yeah. China. No no, no. And I think all of this kind of jibber-jabber is off base....
...Meanwhile, email us: robert.armstrong@ft.com and ethan.wu@ft.com. Why aren’t earnings estimates higher? This is a robust economy....
...And live from the carpet, it’s Robert Armstrong. Robert ArmstrongIt’s true....
...We don’t need to go crazy with it, guys. Come on....
...I’m glad Katie Martin isn’t here because I don’t think she’d be able. This is such a hurtful topic to her, the terrible performance of the UK market, that I don’t think she’d be able to be objective....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. The inflation narrative could flip fast Jay Powell is worried about inflation again....
...The new paper, by Jeremiah Green of Texas A&M and John Hand of University of North Carolina, argues that at least on the ethnic diversity side, the studies just don’t hold up....
...And in a true sign of our times, there’s even a Devil Wears Prada musical coming to London later this year with music by Elton John....
...Steady our nerves: robert.armstrong@ft.com and ethan.wu@ft.com. Friday Interview: Philip Tetlock Philip Tetlock is one of the most influential social scientists in the world....
...Ethan WuI sense an Armstrong American exceptionalism rant coming. Robert ArmstrongNo, I want to hear . . . Now, don’t push this under me, Ethan....
...Well, they were the only members of the Magnificent Seven to survive in the John Sturges 1960 movie. Robert Armstrong Oh, awesome, awesome....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...(Ethan Wu) One good read The post-Dalio Bridgewater turnaround isn’t going great....
...But you can still email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Robert Armstrong is the FT’s US financial commentator and writes the Unhedged newsletter Find out about our latest stories first — follow @financialtimesfashion on Instagram — and subscribe to our podcast...
...And today you don’t even have to take duration risk to earn income, if you don’t want to. You can get the same yield on the two-year. Why on earth would you own utilities?...
...Katie MartinGet out of here, Rob Armstrong. Robert Armstrong(Inaudible) rates. I mean, I’m not . . ....
...Meanwhile in the US, the legal fight with Epic Games won’t go away....
...(Laughter) Robert Armstrong(Laughter) It’s the UK, Katie. It’s amazing. Like, you know, a year ago, everybody was like, in relative terms, UK stocks are unbelievably cheap. This can’t go on forever....
...Email us your view: robert.armstrong@ft.com and ethan.wu@ft.com....
...Either way, the FT reports that Shari Redstone, who controls the studio, doesn’t like the Apollo bid. Tough break for the rich guys in suits. Email me: robert.armstrong@ft.com....
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