Hints and tips:
...Arnott et al estimate that stocks ejected from the S&P 500 actually outperformed new entrants by an average of 2,200 basis points in the year after the index rejig (FTAV has written about the index inclusion...
...In the communications sector, the video entertainment companies (Warner Bros Discovery, Paramount, Disney, Netflix et al) explain the bulk of the outperformance....
...But even in the face of this poignant example, the Chan et al/Verdad view is very hard for a person like me to accept....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...There’s not much precedent to support the idea that Shina et al can walk away based on a MAC clause: WPP was forced against its will to buy Tempus in 2001, Guy Hands couldn’t scrap a bid for East Surrey...
...Along with the powerhouses of LVMH, Kering et al, niche indie designers are also carving out an aesthetic mixing west and east in a way that is both credible and commercially viable....
...This was disproved by the trial of US v Zarrab et al, in which a Turkish banker and a gold trader were convicted of laundering Iranian oil and gas revenues....
...At the Salone Internazionale del Mobile, held in a labyrinth of pavilions on the outskirts of Milan, officially it’s the blue-chip furniture manufacturers — Kartell, Vitra et al — that are the biggest draw...
...Yes, that does mean the tax pot shrinks a bit so services are squeezed and the burden of funding public services falls on ordinary workers — but that is only fair since they do not have any better ideas...
...The Como range not only has knobs, but you can also get online music from Spotify, internet radio, et al without the tiresome modern need for an attendant smartphone and app. Truly evolutionary....
...“A concern for reputation incentivises banks to seek risky ventures (to keep dancing), the more so the better is the market’s prior on the macro state (the louder the music),” Aikman et al argue....
...Maybe we will discover that many managers were smart enough to sell out of Apple, Valeant, Williams et al before their shares tanked....
...al. (2013), Autore, et al. (2011), and Beber and Pagano (2011)....
...For a company like Rural that is traded on a major exchange, ―[t]urnover measured by average weekly trading of . . . 1% would justify a substantial presumption‖ of market efficiency. 5 Bromberg et al., Bromberg...
...’s labour market, and enforcement capabilities (Ni et al., 2011).Minimum wages have significant impact on general wages, but almost no discernible impact on jobs (Schmit, 2013)....
...We suppose, before getting to what might stop this, one should probably discuss what’s hitting the Wunderbund et al. Still early in the day, after all....
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...Bilinski et al then took the foundation to court, saying it had destroyed the potential $40m value of their works by branding them as “fakes”....
...That makes China’s leaders v nervous and restricts policy options....
...So the FDIC as liquidator of Penn Square et al asserted that the “sales” of loan participations by Penn Square and the others were not “true sales” that gave rights to the underlying collateral (whatever...
...Blanchard et al. point out that if central banks permanently raised their target inflation rates from 2% to 4%, it would leave them scope to make deeper cuts to real interest rates in severe downturns....
...Consider this from Standard Chartered’s Stephen Green et al: [Wealth Management Products'] yields tend to move with interbank rates, since WMP funds reflect the banks’ marginal cost of funds....
..., Virtu, Getco et al....
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