Hints and tips:
...And while corporates have been the dominant buyers of equities over the past year, there’s $6tn of dry powder sitting in money market funds that could be dislodged by lower interest rates: The S&P 500’s...
...Katie MartinOne little thought to leave you with here is yes, we’ve got all-time highs in the S&P 500....
...The S&P 500 index has performed just fine since the eighth of March, rising about 4 per cent....
...Everyone expects Jay Powell et al to say “no rate increase today, but maybe in a month”....
...The suites vary, but all are 50sq m with courtyard entrances, and furnished with pieces by – or at least inspired by – Arne Jacobsen, Eero Saarinen, Joe Colombo, Isamu Noguchi, Charles and Ray Eames et al...
...In the US, at least, mom-and-pop investors and advisers build portfolios with the categories used by Morningstar et al....
...“These effects have been documented with the S&P 500: a stock increases its price when it enters the index and the opposite happens if it is kicked out.”...
...A true crisis could develop if Binance et al have significant hidden exposure to declining prices, perhaps through DeFi investments....
...Surely Zuck et al can make money — serious money — out of messaging software with two billion users. I disagree on the Metaverse, though. It is not “free”....
...Shares in the asset manager rose 5.7 per cent on the day the deal was announced, and this year they have nearly doubled the S&P 500’s performance....
...Here is the performance of the KBW bank index, compared with the S&P 500: Banks lend money and then hope to get paid back. The latter part of their business has been doing great....
...Trump et al v....
...Mr Trump’s 2020 campaign raised five times as much from S&P 500 chiefs as Mr Biden’s campaign did, MarketWatch calculated, with the largest donations coming from Jeff Sprecher of Intercontinental Exchange...
...“The fact that [David] Cameron, [Jeremy] Heywood (the most powerful civil servant) et al did not understand many basic features of how the world works is why I and a few others gambled on the referendum,...
...The first is Accor’s recent downgrade to junk from S&P, which would likely have been a significant and unexpected complication to any deal maths....
...M&S first ......
...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...
...In recent weeks Next has been trading on its biggest ever valuation premium to both Kingfisher and M&S....
...Faster Value Shift in a tough economic outlook should continue to squeeze M&S and benefit B&M, our top value play with no obvious ESG issues....
...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....
...Whilst the mid-term investment case retains merit, the breakup story has become less compelling given 2019's c.2-point P/E re-rating and confirmation the Consumer spin will have to wait until H2'22, leaving...
...Only at Oxford did they acquire the qualities that Johnson et al already had: a ruling-class accent, rhetorical skills and the ability to feel confident in any establishment setting....
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...Coibion et al think official forecasters — the CBO is not alone — are making the same mistake as in the 1990s....
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