Hints and tips:
...Calpers, the largest US public pension fund, last month pledged to double its low-carbon assets to $100bn....
...Productivity-hype bubbles are usually separated by at least 25 years and usually form at the end of a secular bull market, when aggregate profits are coming under pressure, say Garthwaite et al....
...However, Weinstein et al say they are excited to a large extent because those aforementioned risks are now materialising. As private credit investors, this is the environment we’ve been waiting for....
...Today’s top stories The US Federal Reserve announces its decision on interest rates at 2pm ET/7pm London today. Check back here for details and reaction....
...it uses capital from the Just Energy Transition Plan, a $20bn public and private financing mechanism....
...So that’s given them a significant petrodollar windfall, which, you know, obviously gives them surpluses to put into their sovereign investment funds, the sovereign wealth funds, et cetera....
...Yves et cetera? FRANK Uh-huh, what, the pension-fund guys? KENDALL Yeah. What do they think of me, Frank?...
...Without giving details, Tuhin Kanta Pandey, secretary of the department of investment and public asset management (DIPAM), tweeted on June 20 that he had received “multiple” expressions of interest for the...
...However, Bebchuk et al conclude that this throws the ball into the government’s court....
...Instead Hertz was forced to take a $1.65bn loan with an interest rate approaching 10 per cent. ‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...interest rates and hiring former central banker Mark Carney to lead the $575bn group’s new impact fund....
...Before he died last year, Bogle wrote that if index funds owned more than 50 per cent of the stock market it would not “serve the national interest”....
...The Big Four have found themselves in the bad books of UK politicians for a range of offences and calls have been made for them to be broken up due to conflicts of interest — critics say it is difficult...
...to central bank reserves, by most dealer banks except one — JPMorgan (also see, Ihrig et, al, 2018)....
...its initial public offering next month....
...“The public image of Saudi Arabia has been so bad for so long,” says Jane Kinninmont, senior research fellow at the Chatham House think-tank....
...As the funds did not pay premiums for deposit insurance, they could pay higher interest rates for no perceived extra risk....
...But less attention has been placed on the kingdom’s Public Investment Fund, the $230bn sovereign wealth fund at the centre of MbS’s plans to wean the country’s economy off its dependence on oil revenues...
...Official guidance is required on whether Gareth Bale et al were expressing confidence in the UK’s future as a free trader, or were just better at kicking a ball around....
...It can be more difficult for a company to deal with such uncertainty when it is public — and hard for public investors to evaluate....
...Left alone we can channel our wealth into diseases that interest us....
...The gap has also been widening, rising by 2.34 years for men and 2.91 years for women since 2001 (source: Chetty et al 2016) – with deaths by suicides, substance abuse, and drug overdoses rising for certain...
...Maybe we will discover that many managers were smart enough to sell out of Apple, Valeant, Williams et al before their shares tanked....
...— Recent research by Gorton et . al about the form and role of banks as maturity transformers and creators of “private money” is very relevant to this discussion....
...If a government with plenty of fiscal space on Ostry et al's definition followed their advice, the definition of fiscal space might itself be invalidated....
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