Hints and tips:
...They offer no explanation, but former New York Fed chief Bill Dudley has. In his interview with Unhedged last year, Dudley told us: M2 is going to be correlated with the shift from QE to QT....
...As we discussed with Bill Dudley last week, the Fed wants to maintain an “ample reserves regime”, where the quantity of cash is not a major constraint on the financial system....
...The broad S&P 500 share index rose 0.9 per cent. “These positive results offer some stability to markets,” said Louise Dudley, global equities portfolio manager at Federated Hermes....
...The S&P 500 index of blue-chip US stocks jumped as Powell spoke and ended 2.6 per cent higher for the day....
...(Ethan Wu) One good read More research from the “P-values should make you suspicious” industry. Also read Robin Wigglesworth’s nice summary of the debate....
...Bill Dudley, former president of the Federal Reserve Bank of New York, has written on Bloomberg that, unlike in 2013, the Fed has a clear strategy for tapering asset purchases....
...Wall Street retreated from record highs, with the S&P 500 down 0.4 per cent on the day, but up 1.3 per cent for the week....
...The blue-chip S&P 500 index finished the day down 0.4 per cent after spending most of the day above par....
...The S&P 500 is now in positive territory for 2020, brushing off the pandemic-induced chaos. Tech and clean energy are powering ahead. But spot the index that remains a very definite laggard....
...“In a crisis like this, all the weak spots get revealed,” William Dudley, former head of the New York branch of the Fed, later said. ‘The market had been primed for a 2008-style response....
...London Crossword 16,212: Caroline Sproule, Moira; L Stone, Dorset; Nancy Cooper, London Polymath 1,029: James Birkett, Brighton Crossword 16,206: Enda Cogan, Dublin Patricia Cairns, Devon; JR Jefferies, Dudley...
...A study by Equilar recorded the median tenure for CEOs at S&P 500 companies as five years at the end of 2017....
...S&P 500, while in 1980 they represented more than 28 per cent of the index....
...The S&P 500, which had been up as much as 0.7 per cent earlier in the session, reversed those gains to end the day 0.3 per cent lower....
...Miller was a sort of one-man refutation of C P Snow’s 1959 claim in The Two Cultures that there was a “gulf of mutual incomprehension” between the arts and science....
...Quick Hits — What’s on the markets radar Trump versus the Fed — Bill Dudley, the former president of the Federal Reserve Bank of New York, has made waves with an op-ed for Bloomberg arguing that the US...
...The S&P 500 has tumbled over 8 per cent since the start of October — on course for its worst monthly performance since February 2009 — raising equity funding costs for companies and sending the Goldman Sachs...
...Bob Dudley, BP’s then CEO, said: “India is set to be the world’s largest growth market for energy by the mid-2020s.”...
...The index is structured so that if investors expect S&P 500 fluctuations to average 1 per cent a day for the next month, the Vix level is about 20 — roughly its long-run average....
...Since Mr Trump took office, the S&P 500 benchmark index of stocks has risen about 9 per cent, though it has dropped sharply in the past three months....
...BP is also planning growth in the Permian after its $10.5bn deal to buy BHP’s shale business, an acquisition described by chief executive Bob Dudley as “transformational”....
...This is an edited transcript of an interview between Bill Dudley, president of the Federal Reserve Bank of New York, and Sam Fleming of the Financial Times, on Wednesday January 17....
...While a sustained rout would damage business and consumer confidence, and could start shifting Fed forecasts, the S&P 500 index is now in narrowly positive territory for the year after its recent bounce....
...Just 22 companies on the S&P 500 are on the docket. Among them are Tiffany, Target, Kohl’s, TJX Cos, Ralph Lauren and L Brands....
...After finishing mixed on Thursday, US stocks regained their footing with the S&P 500 rising as much as 0.7 pe r cent to 2,722.64, while the Nasdaq Composite and Dow also advanced....
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