Hints and tips:
...Every sector of the S&P is up — industrials, consumer staples, et cetera, et cetera. There’s only a few sectors, in fact, that are only up modestly. Most sectors are up like 10 per cent....
...What about how concentrated the stock market gains are with Nvidia, Microsoft, Google et al? I mean, shouldn’t that weigh against this rally? What about that? Katie MartinMaybe yes....
...Al-Rumayyan and Khaldoon Al Mubarak, boss of Emirati sovereign wealth fund Mubadala Investment Company, praised the UK’s strong rule of law, its universities and life sciences sector as attractions to investors...
...Still, the study by Subramanian et al should remind us why we care about globalisation....
...Martin Spector London N2, UK...
...At Al-Aqsa Martyrs Hospital in Deir al-Balah, central Gaza, there is no more room in the morgue for people killed in Israel’s bombardment of the territory, so staff have placed 20 bodies in an ice cream...
...It retells the established adventures of Odin, Thor, Loki et al, alongside brand-new ones set in the present day....
...Saudi Arabia is far from hanging up its jersey Yasir al-Rumayyan has had a busy few seasons....
...We’ve summarised the nine-page judgment (h/t Katie Martin), which can be read in full here....
...say Jonas et al. Yes it can! Look! And look! And look! That’s Tesla on an EV of 28.3 times 2025 ebitda, per Morgan Stanley forecasts, which is more expensive than Nvidia’s 25.3 times ebitda....
...Take a break from the news Chief economics commentator Martin Wolf picks his favourite economics books of the year so far. It is part of our summer 2023 books series....
...Bianca Fortis and Laura Beil lay out how Columbia protected a predator and ignored women’s complaints for decades....
...The chief of Ocado’s technology solutions division Luke Jensen will step down in September and be replaced by non-executive director John Martin....
...Everyone expects Jay Powell et al to say “no rate increase today, but maybe in a month”....
...Luxury car demand has boosted profitability at Porsche and Aston Martin....
...As always, drop your story ideas to me at sid.v@ft.com and have a great week....
...That prompted a reply from Waller on Friday and a reply-to-the-reply from Summers et al this week titled, “The Fed is wrong: Lower inflation is unlikely without raising unemployment.”...
...But as Steven Kelly of the Yale Program on Financial Stability pointed out to me, Yellen et al will need the goodwill of the big banks should some other bank or banks get into trouble....
...As they arrived in Saint Martin for their flight home on Windhorst’s private jet, Crastes dashed off a message thanking their host for the “week of dream” they had spent together....
...We have our evil leader for today (you-know-who in Moscow), but do Biden, Johnson, Macron et al fit the bill as statesmen?...
...Hardison was a sculptor in the ’60s who created busts of prominent African-Americans – Frederick Douglass, Sojourner Truth, Dr Martin Luther King....
...Just as war often proves to be an incubator of innovation, lay-off rounds provide a unique insight into the latest developments in the world of corporate comms....
...Our team in the Swiss Alps has picked up signs of optimism as China drops its Covid controls, the US lays the way for a green investment boom and Europe adjusts to the impact of war in Ukraine....
...Gain: headlong action brio and a cast of overnight Hollywood stars-to-be (McQueen, Bronson et al). Loss: length, character complexity and the loving build-up of an epic momentum....
...In a tour de force for Scottish Ballet, however, choreographer Helen Pickett makes the case for translating Arthur Miller’s Salem-inspired The Crucible into dance — faux witches, Puritan paranoia et al....
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