Hints and tips:
...Knapp points out his links with the great pioneers of abstraction: Kandinsky, with whom he exhibited in Zurich in 1925, Mondrian, Malevich....
...Enjoy: The tagline could be from the mouth of Paul Singer: FEAR dum dum dum dummm IS THE ULTIMATE dum dum dum dummm CURRENCY We're trembling....
...Scoop to start: Paul Singer’s Elliott Management is set to announce a $500m+ deal to acquire Prosperity Life....
...The special counsel investigating Russian interference in the 2016 presidential election has indicted Paul Manafort and Richard Gates, the US president’s former campaign manager and his assistant, with crimes...
...“Even people who didn’t like what he did agreed he did it very well,” said Paul Kenny, general secretary of the GMB union....
...“Equities are likely to respond poorly,” said Barry Knapp, a US equity strategist at Barclays....
...However, the rally faded in late trade, as it dawned on traders that “hoping for ‘QE3’ bordered on the absurd”, said Barry Knapp, chief equity strategist at Barclays....
...Barry Knapp, head of US equity strategy at Barclays Capital, said he remained optimistic....
...That’s right, Knapp is looking for the Dow to be back near 10,000, not pushing on through 11,000…...
...Now, we should quickly state here that Knapp realises that this is an oversimplification of a longer-term issue....
...From Barry Knapp, on US portfolio strategy: How long will the current earnings yield of 3.6% remain in place?...
...“I don’t think there is going to be much new information from retailers’ results,” said Mr Knapp....
...“People are starting to realise that even when the economy recovers, certain sectors such as consumer spending are going to remain under pressure,” said Barry Knapp, head of US equity portfolio strategy...
...Another of Knapp’s rules of thumb is that money rarely flows in as quickly as the business plan predicts....
...You can see that perfectly in the restaurants,” said Mr Knapp. People are “taking their kids to casual and themselves to casual plus”....
...“Michelin represents exclusivity, Zagat represents democracy,” said Mr Knapp, who said the ratings would have little effect on business....
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