Hints and tips:
...“Retail tends to like these low-price stocks because they think that ‘Hey, if it only goes up a penny [then] I’ve doubled my money’,” said Larry Tabb, head of market structure research at Bloomberg Intelligence...
...The $9.4tn asset manager has been a frequent target of attacks from US Republicans who have accused it of becoming too “woke”, and chief executive Larry Fink said earlier this year he had stopped using the...
...Equally, the few who correctly predicted inflation’s rise, such as Larry Summers, were too pessimistic about how entrenched it was. Inflation is poorly understood, and devilish to forecast....
...Friday interview: Larry Summers Larry Summers — former Harvard president and Treasury secretary, and new OpenAI board member — is one of the most influential economists of our time....
...Peltz secured a board seat for his son-in-law, and then in October 2018 got Immelt’s successor John Flannery replaced by CEO Larry Culp....
...Larry Fink’s empire accounted for almost 10 per cent of MSCI’s overall revenues in 2023, according to the company’s latest 10-Q....
...And so if you want to invest in something that tracks the S&P 500 or the FTSE 100, you can buy a BlackRock fund that does that. And they have lots and lots of them....
...In another test, S&P looked at US mutual funds....
...Earlier this month, BlackRock chief executive Larry Fink was in Texas to discuss energy security....
...It was the aviation business, rather than the healthcare or energy units, that boss Larry Culp chose to oversee post break-up. Coincidence or prescience? Either way, Culp picked a winner....
...Despite the shifting expectations markets remain unruffled, with the S&P 500 hitting a fresh high earlier this month....
...Rob I am long “Low-fee Larry”. Robert ArmstrongWow! Low-fee Larry. Is that, are you talking about Larry Bird? Ethan WuLarry Fink, CEO of BlackRock. Robert ArmstrongLarry Fink....
...Larry Fink, chief executive of asset manager BlackRock, has even heralded the use of blockchain for tokenising traditional asset classes as the “next generation” for financial markets....
...Fink also boasted that BlackRock is the highest-performing financial services stock in the S&P 500 since its 1999 float, delivering total returns of 7,700 per cent....
...Here’s what else I’m keeping tabs on today: Economic data: Brazil and South Africa release third-quarter gross domestic product figures, while S&P Global/Cips data for November on the services purchasing...
...“They’ve been burning cash throughout the last year or so,” said Oliver Vande Stouwe, an analyst at S&P....
...European countries issued €20.3bn of ABS in 2022, down from €30bn, in 2021, according to S&P....
...The company subsequently grew by acquiring other companies and counts Platts, part of credit rating company S&P, among its competitors....
...Katie MartinOne little thought to leave you with here is yes, we’ve got all-time highs in the S&P 500....
...Read our tale below about new attacks on Larry Fink, head of BlackRock, over this — including calls for his resignation....
...The yearly event is, in the words of public intellectual Don Henley, “a Deadhead sticker on a Cadillac”. In contrast to Woodstock, the famous 1969 free festival, Burning Man cost $575 per ticket....
...Larry Summers calls it “bizarre and inept”, Jason Furman says it’s “absurd”, Mark Zandi argues it’s “off base”, Mohamed El-Erian calls it “a strange move” while Janet Yellen says it was “arbitrary and based...
...Assets under management benefited as a handful of major tech stocks drove a recovery in the benchmark S&P 500 index, and net inflows in the quarter topped $80bn, below expectations of $92bn....
...Bank of America chief Brian Moynihan, 63, and BlackRock boss Larry Fink, 70, have both indicated they have no plans to retire....
...Fink on the prowl for deals BlackRock’s chair and chief executive Larry Fink is ready to pounce on deal opportunities....
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