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...on Cape and Q — the ratios I focused on....
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...As far as I’m aware, no wine bars sold tedious meal kits during lockdown, knowing their pleasures can’t be summarised in absentia....
...I’m not convinced by this, given both the frequency of banking crises and the fact that the chosen time span gives bank stocks a full 12 years to make back their crisis losses....
...European investors cheered retail-focused stocks, with shares of H&M jumping 18 per cent after the Sweden-based fashion retailer said its second-quarter profits beat estimates even as inflation and high...
...Once you’ve got past the whiplash of effectively hearing “I’m sceptical of crypto but blockchain has potential” rearing its head*, let’s look a bit closer....
...Remember that the S&P 500 is 15 per cent off its lows of October, while junk bond spreads have tightened by a full percentage point....
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...“To be honest, I’m surprised how positive markets are,” she says. “I’m surprised how little the market realises how far the Fed might go, how little investors care about monetary credibility....
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