Hints and tips:
...The S&P 500 ended the day down one and a half per cent and the yield on the policy sensitive two-year Treasury hit its highest level in 16 years. The FT’s Colby Smith has more....
...Today it focuses on preserving Miyake’s legacy and developing the design culture for a new generation. miyakeissey.org J is for JW AndersonBritish designer Jonathan Anderson has donated to Akt, an LGBTQ...
...Crossword 16,069: Steve Abel, York; Alan Cruse, Stockport; M McQuillan, Edinburgh Polymath 1,005: Mrs SM Fraser, Middlesbrough Crossword 16,057: G Dennis, Stratford-upon-Avon; Joanne Cooper, Fife; Andrew Anderson...
...Mr Anderson sounded aware of the risk of initiative overload some CEOs complain about....
...“Last year showed investors how you could get burnt being invested in triple-C bonds,” said Michael Anderson, a strategist at Citi. “Investors don’t want to be part of that again....
...There are various ways of trying to measure this, but one good proxy is the number of S&P 500 futures contracts that are quoted within 1 index point of its current level....
...“Like the Mueller report,” nods Mr Trump approvingly....
...The S&P 500’s closing gain of 0.8 per cent left it just shy of the record close set on November 8, and came as Wall Street applauded corporate earnings....
...The executives are appearing in a potentially explosive week when reports say the first Russia-related charges could be announced by Robert Mueller, the special counsel investigating potential collusion...
...S&P 500 futures were up 0.1 per cent to 2,473.75, while Dow futures were up 0.2 per cent to 22,014. Meanwhile, Nasdaq 100 futures were up 0.1 per cent to 5,897.75....
...Special Counsel Robert Mueller’s investigation of alleged Russian interference in the 2016 US presidential election has intensified with the naming of a Washington grand jury, US media reported on Thursday...
...The M came off first, then the P. Soon the T, R and U were gone too....
...(FT) Hanergy founder disqualified from Hong Kong markets for 8 years (FT) Brussels approves Germany’s €150m Air Berlin loan (FastFT) Magners cider owner C&C to take stake in UK pubs (FastFT) Apax funds...
...While the gunmaker is rated Triple C — the lowest bracket before default — one of the sources says it is targeting a stronger Single B rating for the new deal....
...After a long innovation drought, drug development pipelines are bursting back to life with breakthroughs in cancer, hepatitis C, heart disease and a range of other conditions....
...Gilead Sciences, the pharmaceutical company under intense pressure from policy makers and insurers over its $84,000 hepatitis C treatment, led the benchmark S&P 500 after the company revealed new data on...
...Stockists for the clothes and accessories featured on the Style pages A aesop.com albertaferretti.com/gb albertoguardiani.com alexandermcqueen.co.uk aliceandolivia.com amazon.co.uk anderson-sheppard.co.uk...
...“The moment the Fed takes away the security blanket will be a test for the market; we should see higher volatility and interest rates,” says Jay Mueller, portfolio manager at Wells Capital Management....
...From the lows of March 2009, the S&P 500 has risen 120 per cent, with the benchmark now sitting less than 6 per cent below its all time peak in October 2007....
...He quotes a 1972 essay by physicist P.W. Anderson: “At each level of complexity entirely new properties appear.” Agreed – but one analyses them level by level....
...The appetite for risk at the expense of Treasuries has propelled the S&P 500 to its best level since late 2007, while average junk-rated debt sits at a record low below 6 per cent....
...Tamsin Hogben, deputy head of asset management at consultancy P-Solve, suggests it depends entirely on the investor’s circumstances, with the important issue being diversification....
...That means the riskier cogs of the market, such as some triple-C rated debt, may be priced too optimistically....
...“We chose from an outstanding selection of books,” said Lloyd C. Blankfein, Chairman and Chief Executive Officer of Goldman Sachs....
...Lloyd C....
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