Hints and tips:
...ArtFi 2024-1’s prospectus has further detail on the collateral backing the deal, which it notes can include “fine art, collectibles, design furniture, coins, books, jewelry, watches, wine or other spirits...
...As a paper published a year ago noted (Alphaville’s emphasis below): We use recent exchange-related developments to identify option trades that originate from retail investors, and find that more than 75%...
...Sure, a CCC-rated PIK bond looks better than a defaulted bond in your portfolio. But, as S&P puts it when explaining why U.S....
...In last night from the SEC: The Securities and Exchange Commission today [Thursday] announced that Skechers U.S.A....
...One of the AFR100’s core principles was that native grasslands should not be converted into forests, said the World Resources Institute, which is a technical partner of the project....
...A recent paper brings this tricky epistemological problem into the politically thorny realm of leadership diversity....
...While there has been a lot of talk about so-called tech decoupling in recent years, I’ve witnessed first-hand how intertwined the U. and Asia tech worlds are — Silicon Valley’s interest in China and Chinese...
...French and Fama responded to this just before Christmas, in a paper we spotted last week thanks to Robeco’s chief quant strategist Pim van Vliet. The title — Production of U.S....
...A version of this article was first published by Nikkei Asia on March 11. ©2024 Nikkei Inc. All rights reserved....
...The slower expectations for the transition come as companies make U-turns on their climate pledges and governments double down on fossil fuels amid energy security concerns....
...Instead of getting about $34 per share, Spirit equity holders have a piece of paper trading for $6. Adding to the anguish, Spirit directors had a choice in 2022....
...The co-founder of Binance “plans to step down and plead guilty to violating criminal US anti-money-laundering requirements, in a deal that may preserve the company’s ability to continue operating,” the paper...
...Here’s a chart looking at the waning outperformance of all 39 different categories that S&P DJI tracks — across both equities and fixed income....
...Monday’s letter drew on a recent Dallas Fed paper to explore the link between the money supply and inflation....
...The U-turn puts S&P at odds with debt rating rival Moody’s, which still rates ESG criteria on a one to five scale. S&P is influential, with debt ratings that can affect a company’s borrowing cost....
...No doubt, a group that meets all three criteria is wheezing. But a glance at the paper’s appendix shows that the US is a rather different story than the rest of the developed world....
...At Goldman we knew a lot of about variance swaps, given Derman’s paper. So as we talked we thought, well gosh, what if the Vix was the level of a variance swap, and then you could trade a future on it?...
...The price has been pushed up by F1’s booming popularity in the US, and also the sport’s new spending caps that have put a lid on costs....
...Keep in mind the results of Hendrik Bessembinder’s famous papers about where returns come from....
...(when the U.S....
...“There is a thirst for new paper, and you’re not getting that through new M&A,” says Muthukrishnan....
...An investor opposed to the deal, Energy Income Partners, pointed out that this position was a U-turn from a bullish management outlook offered as recently as 2022....
...The conclusion (across the majority of the syndicating banks) which managers claimed in credit papers was that a directory listing was a small charge for businesses — so why would they cancel it?...
...The S&P 500 is often used as the default comparison because of its ubiquity, but, in reality, it’s a poor benchmark for private equity returns given how top-heavy it is....
...Several companies acknowledged the resilience in the U.S. economy had led them to now expect a soft-landing....
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