Hints and tips:
...Robert McLeodPrincipal, McLeod Consult, Brussels, Belgium...
...More seriously, Goetzman et al argue that art price changes are largely a function of wealth concentration....
...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....
...They found that the standout stocks today are at much cheaper valuations than the stars of the 90s were, and while the valuations of the Magnificent 7 et al do look a lot like the “Nifties,” they tend to...
...Wherever possible lies should be told about classes of people (Republicans, elites, big business, the media, et al) not specific individuals....
...Of course, O’Neill et al were mostly talking about these countries as burgeoning economies with tons of potential. And many of these countries have indeed subsequently done well....
...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)....
...It’s Lina Khan and the neo-Brandeisians vs the ghost of Robert Bork and the Chicago school. Is the prevalence of increasing returns businesses in the modern economy a regrettable fact?...
...:“It all comes down to vertical vs horizontal monopolies, and regulation via function, rather than size per se....
...They followed the Pinault family of Ch Latour et al, who, in 2013, bought what is now called The Eisele Vineyard from the Araujos, and were so confident of their savoir-faire that they didn’t even impose...
...The riskiest, most beat-up members of the group (KeyCorp, Comerica, Zions, Western Alliance et al) rose the most....
...Robert, I agree with you that the show had this clear tension of duty vs desire through all the seasons and that tension has been a little muddled in this one....
...al)....
...(New Yorker) — Erik Brynjolfsson et al paper on using generative AI in customer support (NBER)...
...Another, similar question: What does this mean for Robert Jenrick, Suella Braverman, et al? Handily this has the same answer: it’s not good either!...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Unhedged will be off Monday and Tuesday for Independence Day....
...Ronaldo had walked out of the tournament in tears after his team’s elimination, and then in effect exited top-level football by leaving Manchester United for Al-Nassr in Saudi Arabia....
...Terry Davies’s radical rearrangement allows Bourne to break free of the traditional narrative and evade odious comparisons with Lavrovsky, MacMillan, Nureyev et al....
...Everyone expects Jay Powell et al to say “no rate increase today, but maybe in a month”....
...Shares in other banks considered to have some degree of asset-liability mismatch (Western Alliance, Zions et al) only saw their shares wobble a little bit yesterday....
...But as Steven Kelly of the Yale Program on Financial Stability pointed out to me, Yellen et al will need the goodwill of the big banks should some other bank or banks get into trouble....
...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....
...The recent rise of the Faangs, et al, looks like a knee-jerk reaction to the fall in rates and rate expectations that followed the banking mess (the 10-year yield has fallen from 4-ish per cent to 3.6-ish...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Homebuilders, or, why we feel very dumb now Back in January, we wrote about our picks for the 2023 FT stock picking contest....
...The case for gilts is thinner, but was made well to us by our regular correspondent, Columbia Threadneedle’s Ed Al-Hussainy....
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