Hints and tips:
...The stock had risen 27 per cent over the past five years to Tuesday, compared with a 64 per cent rise in the S&P 500 oil refining and marketing index over the same period....
...This comes as the Bank of England policymaker Megan Greene said on Thursday that she needed further signs that inflation pressures were easing before voting to cut rates from the 16-year high of 5.25 per...
...The single largest ETF by assets is State Street’s SPDR S&P 500 index tracker, but BlackRock and Vanguard offer 15 of the next 16....
...On the equity side, small-cap stocks continue to be the story: while the S&P 500 has shrugged, the Russell 2000 is up 6 per cent since Jay Powell started talking....
...According to S&P Global, the number of banks exceeding regulatory guidance on CRE loan concentration rose for the seventh consecutive quarter in the final three months of last year....
...And as First Republic’s equities cratered last week, the S&P Regional Bank Index stabilised, suggesting contagion should be minor....
...Data provider CFRA noted that the SPDR S&P China ETF (GXC) lost 12 per cent in the year to December 11 while the iShares MSCI Emerging Markets ex China ETF (EMXC) was up 12 per cent over the same period....
...By contrast, a survey from KPMG, S&P and the Recruitment & Employment Confederation points to the softest starting salary inflation in two and a half years....
...As Goldman Sachs’ Alec Phillips says, with Alphaville’s emphasis below: 2. The downgrade contains no new fiscal information....
...In 2011, brinkmanship over the debt ceiling caused market turmoil, including an unprecedented downgrade of the US sovereign debt rating by S&P....
...Australian Reserve Bank cash rate target Spain: unemployment figures US: markets closed for Independence Day celebrations Results: Cairn Homes H1 trading update, Sainsbury’s Q1 trading statement Wednesday Megan...
...There are only three S&P 500 staples stocks that offer dividend yields higher than the 5.22 per cent available on a three-month Treasury (they are Altria, Walgreens Boots, and Phillip Morris)....
...The S&P 500 was 0.2 per cent lower at pixel time....
...Rachel Phillips, solicitor in the London office of JMW Solicitors, says this may be a case of maternity discrimination....
...: Fears of high interest rates leading to defaults on commercial property loans and solvency issues are greatly exaggerated, writes Megan Greene....
...Lawmakers narrowly averted a default in 2011, but only after an S&P downgrade to the government’s creditworthiness and a market rollercoaster....
...S&P Global’s US composite purchasing managers’ index was the trigger for the sell-off....
...At Carlyle, Megan Starr, the firm’s global head of impact, argues that owning and decarbonising these assets is a more effective strategy....
...Phillip Tetlock for the pointer....
...overseas museums to buy British art is misguided / From Martin P Levy, member of the RCEWA, 1997-2007, London SW1, UK...
...Phillip Kimber, a consumer analyst with E&P Financial Group, said that during the coronavirus pandemic and the 2008 financial crisis, in many markets, including the UK, consumption of alcohol at home increased...
...But that will eventually disappear, and then the economy will nosedive, writes Megan Greene, global chief economist at Kroll....
...David Pilling Will the S&P 500 fall by at least 10 per cent? Yes. We asked this question last year, but it bears repeating....
...“There is plenty of trading happening but in terms of order size it has been smaller in recent months,” said Mary Phillips, deputy head of portfolio management at Dimensional....
...The S&P Refining & Marketing index is up nearly 50 per cent this year, even as the broader market has fallen....
International Edition