Hints and tips:
...Some retail investors were undeterred: “FEAR NOT #phunarmy this is the insiders and institutions trying wash out us retail investors hold strong and I’m adding on these dips,” said one poster in the stock...
...Dealing with the dividends doubters So, I’m not saying Daniel Peris got lucky....
...Which is why I’m sceptical much change happens....
...Honestly, I’m not sure how many people think about the market in terms of fundamentals anymore....
...It’s no coincidence that the S&P 500 is also having a stellar run....
...Funds that track US indices will have a much higher exposure to the Mag 7 (currently about 30 per cent for the S&P 500 or as much as 40 per cent for the Nasdaq)....
...Here’s what else I’m keeping tabs on today: Economic data: Economists expect the US core consumer price index increased 0.3 per cent in February....
...I’m not sure of the market relevance of either point, but there you go. Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...I’m not trying to defend all the practices, some of which are illegal or should be illegal....
...I’m sure most investors are aware of this risk when they go in,” given that it will be outlined in the ETF’s prospectus....
...So the equal-weighted S&P 500....
...Chart of the day The S&P 500 stock index yesterday crossed the milestone of 5,000 points for the first time....
...Some of the ones that have attracted attention: a company called Phunware — spelled p-h-u-n, ware — which is a mobile software developer. And there was another called Bit Brother....
...Lunar transportation is going to be the key component....
...Steff Chávez The next big thing is the report from the National Transportation Safety Board that could come any day now....
...But underneath that you have geopolitics, exploration, exploitation and transportation — all sorts of complicated things in a different way. But I’m not sure it’s more complicated....
...Marc Filippino I’m Marc Filippino, and here’s the news you need to start your day....
...M&A lawyer Jon Bowden has joined Freshfields Bruckhaus Deringer as a partner in Singapore. He joins from White & Case....
...I’m not sure, but it is a good subject for further research. One good read Bumble is diversifying into the “ecosystem of love”....
...With new fossil fuel infrastructure facing heavy opposition in the US, expect the midstream M&A drive to continue....
...I’m still betting that both tech and US stocks have room to run, in part because I think de-risking will actually speed up in the years ahead....
...Chart of the day The S&P 500 rose 3.1 per cent in July after closing up 0.2 per cent yesterday at 4,588.96....
...The S&P 500 index only lost 19.4 per cent. Can AI tell a joke? We asked both chatbots to tell us a joke — and then why it was funny. We picked what we thought would be a hard subject to joke about....
...I’m long robber barons. (Laughter) Katie MartinYou are?...
...construction PMI survey World Bank’s summer edition of its Global Economic Prospects report Results: British American Tobacco trading update, Chemring H1, Ferguson Q3, N Brown FY, Paragon Banking Group...
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