Hints and tips:
...“Overall, today’s release will add to the [BoE]’s unease about the stickiness of inflation,” said Ashley Webb, economist at Capital Economics....
...Ashley Webb, at the consultancy Capital Economics, said that while PMIs were “rarely an accurate predictor of GDP growth”, the recent trend supported the view that GDP would contract during the third quarter...
...It is also active in space missions and helped make the James Webb Telescope....
...Ashley Webb, UK economist at Capital Economics, said this was “not big enough to constitute a bank run”....
...As the very capable New York State governor Kathy Hochul has been saying, there are plenty of jobs that need filling....
...US stocks advanced, with the S&P 500 and Nasdaq Composite both up about 0.5 per cent. The latest read on inflation comes just before the Fed begins its two-day policy meeting....
...“April’s flash PMIs suggest the economy is still proving resilient to the dual drags of high inflation and high interest rates going into [the second quarter of 2023]”, said Ashley Webb, UK economist at...
...Merryn Somerset Webb is editor-in-chief of Money Week. The views expressed are personal. merryn@ft.com...
...“The coming months may still be a struggle for retailers,” warned Ashley Webb, UK economist at Capital Economics....
...The S&P 500 is trading on a forward price-to-earnings ratio of around 17 times — a bit above the historical average at a time when most other things are rather worse than average....
...Kathy Mikells, Exxon’s chief financial officer, told the Financial Times that the company’s “first and foremost priority is investing in our business to meet demand”, noting that the group’s overall production...
...“Nvidia is the clear leader, but two-thirds of [the Philadelphia Semiconductor Index’s] components are outperforming the S&P 500 year-to-date and more than a third are up triple the rate of the S&P 500,”...
...Its space unit, which was involved in the making of the James Webb telescope, had an 8 per cent increase in revenue, which helped offset the falls in its defence businesses....
...“We got everyone’s attention last year because people were nervous about inflation,” said Kathy Kriskey, commodities ETF strategist at Invesco....
...Merryn Somerset Webb is editor-in-chief of MoneyWeek. The views expressed are personal. She holds Scottish Mortgage Investment Trust...
...Merryn Somerset Webb is editor-in-chief of MoneyWeek. The views expressed are personal. merryn@ft.com...
...Merryn Somerset Webb is editor-in-chief of MoneyWeek. The views expressed are personal...
...The S&P Global/Cips flash UK composite output index, a measure of activity in the private sector, dropped to a 21-month low of 47.1 in October from 49.1 in September....
...Merryn Somerset Webb is editor-in-chief of MoneyWeek. The views expressed are personal. She has holdings in gold and shares in Shell...
...Increasing dividends and share repurchases, along with higher profits, have helped make oil companies top performers in the US stock market this year, even as the S&P 500 index has declined by more than...
...It also led the industry team for Nasa’s James Webb space telescope....
...The S&P 500 dropped 2.4 per cent shortly after Wall Street’s opening bell on Thursday; before markets opened, the futures market had indicated a 1.3 per cent gain....
...Merryn Somerset Webb is editor-in-chief of MoneyWeek. The views expressed are personal; merryn@ft.com; Twitter: @MerrynSW...
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