Hints and tips:
...Instead, employers offered to match their workers’ contributions to a slate of mutual funds inside a tax-advantaged retirement plan, usually known as a 401(k) after the relevant section of the tax code....
...When Kulture Kiari Cephus, daughter of American rappers Cardi B and Offset, turned three this summer, her birthday party in New Jersey featured many of the universal signifiers of a toddler bash: a fairytale...
...And here’s a smart listen: increasing barriers to achieving financial security have led a younger generation of investors to say, “F@$K it”....
...The gap between winners and losers since the pandemic struck has led some investors to describe the rebound as “K-shaped”, evoking a swift fall followed by a big divide in fortunes....
...South Korea, meanwhile, has a Korean New Deal, or “K-New Deal” backed by a US$135bn investment programme that includes measures to create 659,000 new green jobs by 2025....
...For 2021, we forecast a ~0.3 MMBbld inventory build in 1H21 (in line with the seasonal norm) more than offset by a ~1.4 MMBbld draw in 2H21....
...BT trades on 2021/22E 5.8x P/E and a 7.9% dividend yield....
...It’s a 40/60 split in favour of the Danish. Marston’s has nearly doubled in response as an effective sale of its brewery (with some control retained) helps dig it out of a liquidity k-hole....
...The PI that’s definitely not K is the ebitda loss of £71.9m, or £78.2m after tax etc, which has ballooned from a £26.2m cash burn in the previous year and leaves the net cash position at £74.1m....
...This compares to the S&P 500’s YTD decline of 15% and a 19% decline below its all-time high on February 19th. Valuations have contracted in the past three weeks....
...The bulls will point to a P/B below 1, FY21e EV/EBITDA of 4x and EFCF Yield of 8% as evidence of clear value....
...“K-shaped” recovery anyone? For more on this, check out my “Confessions of an economic forecaster"....
...The consumer staples sector was the top gainer on the S&P 500, rising 1.2 per cent....
...December’s trade data bring a glimmer of hope that the adverse impact of sterling’s depreciation on inflation will be partly offset by a stronger performance from exports....
...profits to wages; of continued or deeper secular stagnation; or of a cyclical downturn which cannot or will not be fully offset by monetary or fiscal policy....
...Gregg Lemkau, co-head of global M&A at Goldman Sachs, says there is “a bit of a disconnect” between the level of the S&P and confidence within boardrooms....
...LinkedIn and Qatalyst could argue the lower earnings in Modified EBITDA should be offset by higher multiples....
...But effects on U.K. only marginally positive — and the fiscal expansion may not happen....
...The main uncertainties at home are how the labour market responds: stronger wage growth would offset some of the negative impact of inflation on real incomes and spending, while a rise in unemployment would...
...GSK and Novartis sitting in a tree, K-I-S-S-I-N-G....
...The long-term prospects for UK GDP are largely determined by the trade deal which the U.K. Is able to strike with the EU....
...Although the product as gained +111% since 2012, when decomposed on a risk-adjusted basis, it basically resembles a 3x leveraged position in the S&P 500 index with more risk....
...K. Mok (1995), p. 24.3.) With that in mind, a China update in two-ish points....
...rate rising cycle likely to begin in both the U.S and the U.K. later this year....
...partial offset, the higher prices of grains and soybeans that resulted from last summer’s drought should finally translate into higher prices for meat and the overall CPI for food in early 2013....
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