Hints and tips:
...“The market is interpreting that the Fed is willing to accommodate higher inflation as it cuts rates,” said Michael Widmer, commodities strategist at Bank of America....
...in response to this article: Baltimore disaster must address totality of risks / From Richard G Little, Visiting Research Scholar Industrial and Systems Engineering, Rensselaer Polytechnic Institute, Troy...
...In Tuscaloosa, the allure of working at Mercedes has faded in recent years as annual pay rises fell behind inflation and the plant hired more staff on temporary contracts, said Michael Innis-Jiménez, a professor...
...Need to know: global economy Gold prices continue to rise, today hitting another all-time high of $2,353.79 a troy ounce....
...“This decision is limited to the state constitution in Montana, and has no precedential value outside the state,” said Michael Burger, executive director of the Sabin Center for Climate Change Law....
...Yet the script, credited to Italian Job scribe Troy Kennedy Martin, who died in 2009, shies away from fully exploring the dark side of Enzo....
...Michael Spyres has made himself the Aeneas of the day for good reason, as he is able to encompass much of the role’s heroism and all of its sensitive, vocal romance....
...Olson for a second out, who then flipped the ball to third baseman Austin Riley to complete the play....
...One of my guides, Michael Moschos, owns and directs a farm of fine walnuts near the coastline at Artemision....
...Embiid would have been the first BWB alumnus to win the MVP trophy, according to Troy Justice, vice-president and head of international development for the NBA....
...Gold neared $1,900 per troy ounce, rising 1.5 per cent....
...The price of the precious metal, often held by investors via exchange traded funds, has risen by 6.4 per cent so far this year, trading last week at $1,922 per troy ounce....
...Elliott has organised more than $30bn in buyouts in 2022 alone, while Silver Lake was an architect of Michael Dell’s $67bn takeover of EMC in 2016....
...You cited Mancur Olson in the last note....
...Brett Olson, head of fixed income iShares in Emea for BlackRock, says he can see inflows into these inflation shelters being sustained....
...I chaired last Monday a fascinating conversation between Michael Spence and Diana Urge-Vorsatz, the first an economics Nobel laureate and the second a professor of climate science and policy and co-chair...
...JPMorgan’s head of sales Marc Badrichani and trading boss Troy Rohrbaugh said in the memo that it was a “precautionary measure”....
...said Michael Pond, head of global inflation-linked research at Barclays. “The more the Fed is concerned about too high inflation, the less the market should be concerned.”...
...Gold slid 0.2 per cent to $1,930 a troy ounce. The yield on 10-year US government bonds, which falls as demand for the debt rises, slipped by 4 basis points to 0.682 per cent....
...The haven metal certainly glistens and has climbed above its 2011 nominal peak to $1,945.26 a troy ounce on Monday. Traders expect a test of $2,000 and there are signs of that positioning....
...Gold climbed 1.7 per cent to $1,951 a troy ounce. The precious metal has rallied this year in the face of broad dollar weakness and last week touched a record of more than $2,070 a troy ounce....
...“If you have everything set up, it’s more or less a free lunch,” said Michael Widmer, an analyst at BofA Securities....
...Gold was closing in on a record high on Friday, climbing above $1,900 a troy ounce as geopolitical tensions kept the haven metal on its longest winning streak since 2011....
...The gold rally continued late on Tuesday as the metal’s price passed $2,000 a troy ounce for the first time ever....
...You can email me on michael.mackenzie@ft.com and follow me on Twitter at @michaellachlan....
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