Hints and tips:
...Chart 1 is the market cap of the Magnificent Seven (aka the Yankee GRANNNOLASS) as a percentage of the S&P 500. Yeehaw!...
Years for fears
...S&P is three years on from completing the purchase of analytics group IHS Markit for $44bn and chief executive Doug Peterson told analysts earlier this month that the company was open to “tuck-in acquisitions...
...the ‘dummy variable’ approach this pattern flips from significant to insignificant depending on sample length, while there is no corresponding sign of seasonal effect in equity markets (proxied by the S&P...
...Meanwhile, S&P Global will release its purchasing managers’ indices for manufacturing and services, with February readings expected to dip slightly from January levels....
...On the third point, the strongest evidence for political pressure shocks came under the administrations of Nixon, Gerald Ford and Jimmy Carter, suggesting that — like bell-bottoms, earth tones and P-Funk...
...A like-for-like comparison between Q4 inflation forecasts would show only a 0.1 p.p. difference (with our Q4 forecast at 2.6 percent)....
...S&P’s bespoke seasonal adjustment procedure also might be throwing a spanner in the works....
...Louis Kuijs Chief Economist, Asia PacificS&P Global Ratings, Hong Kong...
...And finally The Fondation Louis Vuitton in Paris has established itself as France’s embassy for American art, writes our chief art critic Jackie Wullschläger....
...As we previously mentioned, 0DTE represents most than two-fifths of typical S&P 500 options volume, which has provoked fears it might be the source of a new “Volmageddon”, similar to the 2018 event when...
...Markets, Cumberland, Deloitte, Deutsche Börse Group, Digital Asset, DRW, Eleox, EquiLend, FinClear, Gambyl, Goldman Sachs, IntellectEU, Liberty City Ventures, Microsoft, Moody’s, Paxos, Right Pedal LendOS, S&P...
...While I’m very optimistic about our future and long-term model, it will take time before our manufacturing group P&L is world class....
...We’d suggest, looking at these numbers, that Adam Posen (now president of the Peterson Institute for International Economics) may have had the simplest tenure of any MPC member: 36 votes from 2009–2012,...
...Trade links The St Louis Federal Reserve looks at the effect of the Red Sea disruptions on the world economy....
...Elijah Oliveros-Rosen of S&P Global Ratings points out that a lot of the debt issued in 2020 will come due between 2025 and 2027....
...For example, the S&P Composite 1500 Bank index fell 66 per cent between January 2007 and July 15 2008 before Lehman Brothers collapsed in September that year....
...Look at the US: as well as the advantages the blue-chip S&P 500 derives from rich American capital markets, 2023 proves that sometimes just the top-end of US stocks are strong enough to carry the rest of...
...And Louis has written, it’s sort of a brilliant piece on the valuation of this company and there’s all these questions about is the player base real or is it just bots and computers?...
...Nowadays, more than two-fifths of typical S&P 500 options volume is on 0DTEs, about $1tn worth a day....
...to why this is happening in an FT Alphaville piece last month — that the VIX is reflecting the dramatically increased usage of short-dated options: Think about it: the Vix is a measure of demand for S&P...
...Kuijs, Chief Economist, Asia Pacific, S&P Global Ratings, Hong Kong Xi’s obsession with control is what holds China back / From Richard Cragg, London KT1, UK...
...Louis Vuitton leather boots, £1,400 Marni wool jumper, £855. Balenciaga fleece sweatpants, £1,490. Chanel leather and crystal strass slingback shoes, £2,525 Model, Aylah Peterson at Premier....
...“There’s a herd instinct here, and about two-thirds of this rally looks like short covering,” said Louis Tse, managing director of Hong Kong-based broker Wealthy Securities....
...“There are inconsistencies in the data set that was just released,” noted Louis Kuijs, head of Asia economics at S&P and a former World Bank economist in China....
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