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...The paper notes that some investors clearly DO read the bond docs, but not enough for it to always be reflected in the prices....
...(New Yorker) — Don’t Blame Indexing for Your Problems (Acadian) — Threads is the gas-leak social network (Read Max) — Book Value Risk Management of Banks: Limited Hedging, HTM Accounting, and Rising Interest...
...Read more here...
Read the new book by a great expert
...— Google made an AI so woke it drove men mad (Read Max) — Flawed Valuations Threaten $1.7 Trillion Private Credit Boom (Bloomberg) — How to be a super forecaster (Back of Mind) — Google Is Paying Publishers...
...(Norwegian speakers can read the full “fondsmeldingen” here....
...In the 1960s, I used to read in the Society’s monthly journal of this or that problem in Wisley’s gardens, lightened only by news from its alpine house of mountain plants and bulbs under glass....
...You can read mainFT’s write-up here. Unfortunately, the PAC report is weak sauce....
...The full report can be read here, so have a gander and drop your thoughts in the box below. Further reading— Trying to make sense of the UK’s sudden economic correction (FTAV)...
...As an aside, if you’re interested, you can read the first-ever audited annual report by a listed American company here, from US Steel in 1903....
...You can read a longer recounting of the event on page 45 of the report, under the heading Dealing with mistakes....
...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....
...You can read the full note here....
...robin.harding@ft.com Letter in response to this column:Liberal democracy must be more strongly defended / From Maël Jones, MA Student, University of Bath, Bath, Somerset, UK...
...However, despite cruelly tantalising Alphaville in the abstract, the professors conclude that read-throughs to the wider GDP-linked bonds debate are actually limited....
...Alphaville got its mitts on the Palmer Square Capital BDC deck, which you can read here, including a slide showing the investment yield on offer in these vehicles....
...Even if you feel obliged to read a bad round robin, it’s still much less painful than having to listen to a bore in person. You can laugh at it in the privacy of your own home....
...Read a transcript of this episode on FT.com...
...Update: you can read the full revised US equity market outlook here. However, if this is a proverbial Santa rally it looks more like the Billy Bob Thornton version than Edmund Gwenn....
...The public documents on the deal’s details became widely read and dissected by envious Wall Streeters....
...If you want to figure it out yourself you can read the full paper here....
...You can read the full report here. This has had ripple effects through the lithium ecosystem....
...Robin Cooke-Hurle London SW11, UK...
...You can read the full FPC report here....
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