Hints and tips:
...I buy a cap with a lobster on it and wear it until I get home....
...Looking at performance in 2Q so far, Large Cap Euro Bevs are up 15% on average (broadly in-line with the MSCI Europe up 14%) but have outperformed Staples by 8%....
...Despite a “resilient” Q1 performance with credit performance holding up well so far, the crisis impact on interest rates, market levels and the forward economic outlook will have a bunch of bad effects,...
...Here’s Commerzbank: Equity markets staged a decent rally last week with e.g. the S&P 500 up 10.4% w/w, and weekly trough to peak performance exceeding 20%....
...Currently holding £435bn. Corp bonds QE has been done before (they hold £10bn) still a potential route if credit mkts do seize up down the line....
...The fact that they got this far is significant.”...
...Creativity, Inc – a finalist for FT/McKinsey Business Book of the Year – explains the failures, the tensions and the ultimate accolades from Finding Nemo to Toy Story....
...The wider market recovered from Tuesday’s drop, the sharpest of the year so far, with the FTSE 100 ending up 0.4 per cent, or 25.61 points, to 5,791.41....
...Among the mid-caps, Punch Taverns bounced 2.8 per cent to 70½p as brokers speculated about dramatic solutions to solve its debt problems....
...Arm Holdings jumped 5.8 per cent to 387¾p, its highest since 2001, as hopes of a contract win helped squeeze out short-sellers of the semiconductor designer....
...At least in the short term, there is a chance that the V will continue until all sceptics have given up. Only at that point will the market sketch out a W....
...Sections of the commentariat became more vocal in declaring that the “V” was illusory; “W” was the letter future students would see in their GDP charts....
...“Is this a V recovery or a W?” Mr Geoghegan asked in an interview with the FT. “[I think] it’s the latter....
...Economists dispute the nature of the recovery – is it a bounce-back “v” or a double-dip “w” – while old market hands caution that the summer rally could eventually give way to a correction....
...“Everyone is trying to give a letter in the alphabet to describe what sort of shape the recovery is going to be: U-shaped, V-shaped, W-shaped or L-shaped,” says Sean O’Flanagan, a portfolio manager with...
...As one former official from the administration of President George W. Bush says: “Everyone is taking this situation and using it to advance an existing interest....
...This is not far off the £20m cap and the company is only one year into the plan....
...The quarterly reporting season on both sides of the Atlantic has so far been unexpectedly positive....
...The mid-cap FTSE 250 index was lost 35.8 points at 7,435.0. Volume was a solid 3bn shares....
...It was also rumoured to be close to announcing the sale of its out-of-town department store chain Big W....
...Companies such as SABMiller and Cadbury Schweppes were becoming far more volatile than in the past, he noted....
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