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...I got my PhD in 1979....
...The article was based on academic research by a little-known PhD student at the University of Chicago called Rolf Banz....
...The art of superforecasting has its origins in the work of Philip Tetlock, one of the founders of Good Judgment....
...Meanwhile, S&P Global will release its purchasing managers’ indices for manufacturing and services, with February readings expected to dip slightly from January levels....
...You’re looking at fewer than five [new aircraft] per month — that is very low numbers,” he says....
...The rationale for this high ratio has been that the returns on cash and bond yields have been very low for much of this period....
...You can slice and dice the inflation data, and trust me, I’ll sit here with my PhD in economics and do that all day long....
...Film critic Danny Leigh gives his verdict on Philip Martin’s film. Additional contributions from Tee Zhuo and Benjamin Wilhelm...
...Still, even if new jobs are created, there is a risk that AI will lead to a division between a highly paid technological elite and a mass of low-paid, low-skilled workers....
...“Manufacturing output prices fell at a marked and accelerated pace, while services charge inflation eased to a 25-month low”, S&P Global said....
...Although yields rose in 2022, they are still low by historic standards; the 10-year Treasury bond yields 3.4 per cent and the dividend yield on the S&P 500 index just 1.7 per cent....
...Unemployment hit a record low of 6.4 per cent across the bloc in November despite the weak economic backdrop....
...The aching central riff is taken by Hugues Mayot on low saxophone, later doubled on Delphine Joussein’s flute....
...The benchmark S&P 500 was up 0.6 per cent on Tuesday afternoon, while the tech-heavy Nasdaq Composite was up 0.7 per cent....
...to be low,” the report said....
...It trades at a 45 per cent discount to the S&P 500 on forward earnings, partly because of its lack of large tech companies....
...However, Philip Hammond reduced the allowance to £2,000 from April 2018....
...Company cross-shareholdings, a legacy of Japan’s development model, have hit a record low....
...Jobless claims fell to their lowest level since January this week while applications for unemployment aid fell close to an eight-month low....
...Here’s the FT’s Philip Stafford, who reported on Libor for several years. Philip Stafford Actually, it’s been surprisingly smooth....
...“Our clients,” said Omnicom’s CFO Philip Angelastro, “want to spend the rest of their budget and grow their businesses through the end of the year.”...
...Wall Street’s benchmark S&P 500 added 1 per cent. The tech-heavy Nasdaq Composite gained 1.3 per cent, recouping losses from the previous session....
...s “baseless allegations” around price rises....
...But more conventional assets had their problems too; the S&P 500 index is down 16 per cent at the time of writing and the MSCI Emerging Markets index has dropped 23 per cent....
...Ignoring their contribution, the S&P 500 has shed $286bn so far this year....
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