Hints and tips:
...The total return, however, remains far below that of the S&P 500 and several rival companies over the period....
...In October 2020, Koch, along with Elwartowski and Romundt, purchased an ex-P&O Cruises vessel at the knockdown price of $9.5mn....
...The difference is important because an average corporation might go bust; the S&P 500 never will. Some members of the index will peter out, but others will soar....
...We got the S&P 500 up sort of well over 20 per cent for the year. You know, this is a really serious rally....
...“We figured at some point over the next few years, we’d start to see a downturn [in gas use]....
...While Blackstone was recently added to the S&P 500 index and KKR and Apollo hope to soon follow suit, Carlyle’s market capitalisation of less than $15bn is too small for it to qualify....
...We’d reach the stage in the economic cycle where the traditional correlation between bonds and equities would break down....
...Even though his own campaign uses TikTok, Biden said he’d sign a bill banning TikTok from US app stores....
...As Peter Campbell laid out in the Financial Times yesterday: The global auto industry manufactured 10.5mn electric vehicles last year — and expects to produce 13.5mn this year . . ....
...Peltz likes to say that he’d rather be rich than be right....
...It’s much more likely they’d fall, despite any new Trump tax cuts. And that is the more benign scenario....
...You know, people who’d invested everything in assets that were crazily inflated prices were going bankrupt....
...I’d spend the first three days installing an exhibition of work by British artist Peter Blake, opening on the Wednesday. It was a big show, approximately 160 works, so lots to do on arrival....
...And finally To the Musée d’Orsay in Paris where this exhibition brings together Édouard Manet and Edgar Degas, a friendship and rivalry which drove art onwards in the 1860s-80s....
...A report this week from S&P Global found that demand for lithium, nickel and cobalt will be 23 times higher in 2035 than in 2021....
...The S&P 500 ended last month nearly 9 per cent higher, and US Treasuries had their best month since, well, since leg warmers were in fashion....
...If we could do this before they qualify for office, it would make governing a lot more productive and efficient.” — Ajay Doshi p notes...
...NewGAMe, which owns 9.6 per cent of GAM, has put forward investment industry veteran Randy Freeman as chief executive, a position currently held by Peter Sanderson, at an extraordinary general meeting in...
...(Alex laughs) And you’d say, hello, I’d like to invest my money. And he’d say, here’s some GE and some Ford; now go play golf. I don’t know if this is true, but it feels true. Alex Scaggs Exactly....
...“You just write a text of what you’d like to see,” Blokhin says (£30,000 each)....
...In 2018 Marshall’s “Past Times”, black figures picnicking and boating in reference to Monet’s “Déjeuner sur l’herbe” and river idylls, sold to rapper P Diddy for $21mn....
...Why Empires Fall: Rome, America and the Future of the West by Peter Heather and John Rapley (Allen Lane) Western hegemony is in decline....
...So we’ve had a huge rally in the S&P 500 so far this year. Stocks are just like motoring higher and people are miserable about it. Everyone hates this rally....
...I sat next to Feyer and Peter Gordon, creator of the fiendishly difficult Fireball Crosswords series, which are delivered by email to paying subscribers....
...S&P executives tried to negotiate a licensing deal but never seemed to get anywhere. Without an agreement, they’d be buying a house without most of the land on which it was built....
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