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...Over the past year the FTSE 100 has gained 1.23 per cent, while the S&P 500 has risen by 31.3 per cent....
...With Q♣ not falling, the plan now requires reasonably balanced distribution. South cashed A♦ and K♠ and went over to dummy with A♠ to play K♦, throwing a spade from hand....
...Even metrics with better track records, such as cyclically adjusted PEs, or Q-ratios that focus instead on balance sheets, show the S&P to be hugely overvalued....
...West duly rose with K♣, cashed Q♠, and led a second heart. South won and could play to Q♣, but he could not safely return to hand....
...Larry Fink’s empire accounted for almost 10 per cent of MSCI’s overall revenues in 2023, according to the company’s latest 10-Q....
...BiddingDealer: SouthN/S Game In a decent-quality teams of four match, this hand proved pivotal. 3NT would have been an interesting contract, but both South players opted for — what seemed to be — a safer...
...East cannot hold Q♣ but he can — and does — hold 10♣....
...The filing adds that OpenAI is also building another model, Q*, that will be even more powerful and capable than GPT4....
...The show has been developed by Jeff Pope, no stranger to peering into the melancholy private lives of silver-screen icons as the writer of 2018’s affecting Laurel and Hardy drama Stan & Ollie....
...BiddingDealer: NorthN/S Game Playing a Strong NT, North rebid 1NT to show 12-15pts. West led 7♣ to East’s A♣; Q♣ returned. South covered with K♣, and West ruffed and switched to 7♠....
...It launched Amazon Q, an AI-powered assistant for users of its cloud services, in November....
...In June they stood 45 per cent higher than pre-pandemic levels, according to the S&P CoreLogic Case-Shiller index update — erasing all the declines of the past year....
...Any premium Scotland has to pay will partly be influenced by the credit rating it is assigned by firms such as S&P, Moody’s and Fitch....
...The S&P Global PMI index was revised up last week but that left it unchanged at 47.6, remaining well below the 50-mark that separates contraction from expansion....
...US firms are incredible at generating long-run returns but two valuation ratios — Cape and Q — suggest the S&P 500 is twice as high as it should be. So should I dive in or wait?...
...Other fallers during the session included Charles Schwab, which slid 5 per cent after the brokerage pointed to cost-cutting plans — noting in a 10-Q filing that it was “assessing its real estate footprint...
...Tobin’s Q the latter....
...Because diamonds break poorly, and K♣ sits over Q♣, East had a diamond, a spade and a club to lose, plus four further losers to ruff in dummy....
...BiddingDealer: EastN/S Game West led 2♦ most often; 4♠ occasionally. Declarer sees a spade, a heart, three diamonds and a club as losers. What can be done?...
...Because he clung to them, and both bidding and play had revealed West’s shape, South knew that he held Q♠. For a good player, it became an easy endplay....
...BiddingDealer: SouthN/S Game At Duplicate Pairs, South might well raise to 3NT. It is unlikely that North will provide a ruffing opportunity, so no-trumps may play just as well as spades....
...Monday The Bank of England hosts an online Q&A with its chief economist Huw Pill on the cost of living and current economic conditions EU, France, Germany, Japan: S&P Global October services purchasing...
...on Cape and Q — the ratios I focused on....
...‘Strange Way of Life’ is in UK cinemas on September 25 only, with an Almodóvar Q&A...
...Robert Powell discusses his favourite music on Radio 3’s “Private Passions” on March 26, also on BBC Sounds Follow @FTMag on Twitter to find out about our latest stories first...
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