Hints and tips:
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...If you owned rate-sensitive, high-risk stocks yesterday you have Unhedged’s permission to sell and take the rest of the year off (Carvana, Zillow, SoFi, et al rose 10 per cent or more)....
...Back issues of Free & Easy – a wildly popular handbook on “Rugged Ivy Style” that folded in 2016 – fetch hefty sums on eBay....
...More seriously, Goetzman et al argue that art price changes are largely a function of wealth concentration....
...We’re wondering to what degree Jay Powell will acknowledge slowing pace of disinflation, and what he will attribute it to. Send me your thoughts: robert.armstrong@ft.com....
...Buonanno et al conclude from a study of their tax returns that purging City Hall of mobsters results in “a significant and sizeable increase of social capital” over the long term....
...Still, the study by Subramanian et al should remind us why we care about globalisation....
...Terry Davies’s radical rearrangement allows Bourne to break free of the traditional narrative and evade odious comparisons with Lavrovsky, MacMillan, Nureyev et al....
...The context for that was the turmoil around Silicon Valley Bank, et al....
...What about how concentrated the stock market gains are with Nvidia, Microsoft, Google et al? I mean, shouldn’t that weigh against this rally? What about that? Katie MartinMaybe yes....
...— having the upper half of your house set on fire and be destroyed is bad— having your whole house set on fire, igniting the huge fireworks stash in your basement, is significantly worse Or, as Beutel et...
...[MUSIC PLAYING] Marc Filippino You can read more on all of these stories at FT.com for free when you click the links in our show notes. This has been your daily FT News Briefing....
...CC Pakistan et al....
...FT Premium subscribers can get the Unhedged newsletter for free. A 30-day free trial is available to everyone else. Just go to FT.com/unhedgedoffer. I’m Ethan Wu. Thanks for listening. [MUSIC PLAYING]...
...Everyone expects Jay Powell et al to say “no rate increase today, but maybe in a month”....
...If we are right that consumer spending, despite some recent softening on the margin, is still at or above trend, that is another thing for Powell et al to fret over....
...Woman, Life, Freedom by Marjane Satrapi et al (Seven Stories Press) The much-feted author of the graphic novel Persepolis leads a collection of vivid, “visually stunning” accounts of the current unrest gripping...
...The point is to be a convening place that can contribute by offering “le gîte et le couvert” — “a place to eat and a place to sleep” — she added....
...And for all the flaws of the current approach to equity and inclusion, Edmans et al say it does seem to be bearing some fruit: the average DEI score from their calculations has risen from 4.1 out of 5 in...
...Prosecute fraud, maybe regulate crypto exchanges like casinos, and keep the SEC et al out of it. This is a disagreement about how to cordon off crypto so that when crypto burns, it is controlled....
...“It’s now dawning on people that there’s more to investing than handing out capital like lollipops at a school fete to anyone with an idea for flying taxis or carbon-free hot dogs.”...
...Arnott et al estimate that stocks ejected from the S&P 500 actually outperformed new entrants by an average of 2,200 basis points in the year after the index rejig (FTAV has written about the index inclusion...
...The sprawling four-acre property was previously owned by Saudi Arabia’s Prince Abdullah bin Khalid bin Sultan al-Saud and other family members, according to records from the Land Registry....
...The second is an article on Anglo-Greek wrangling over the return of Parthenon Marbles hoarded by the British Museum, written by George Parker et al....
...And if you can’t be free there, where can you be free?” Enuma Okoro is an FT Weekend columnist on Life & Arts Follow @FTMag on Twitter to find out about our latest stories first...
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