Hints and tips:
...“Shein is finding its merchant lock-in has been less robust than expected in light of Temu’s advances,” said Robin Zhu, an analyst at Bernstein....
...Which, as the IIF’s Robin Brooks observed, is a bit like an investor tweaking their historical returns to make them look better....
...Steve H Hanke Professor of Applied Economics, Johns Hopkins University, Baltimore, MD, US...
...From a paper by Chengyu Bai and Shiwen Tian of Shanghai Jiao Tong University (H/T former Alphavillain Tracy Alloway): We study the relationship between stock fund managers’ facial attractiveness and fund...
...The Federal Reserve’s weekly H.4.1 shows usage of the US central bank’s liquidity facilities, while the H.8 release details the assets and liabilities of US commercial banks....
...But apparently posthumous blue ticks are a thing (Middle East Eye) — “The largest fraudulent transfer in history” (Credit Slips) — The Bank of Japan’s remarkable decade (Project Syndicate) — Anthony Hopkins...
...Robin Hopkins, a barrister specialising in data protection law at 11KBW, said the change could “make it a bit easier” for parties to buy lists of contact data, though he warned it was not a “green light”...
...— Second, the Fed’s H.8 release indicates that bank lending to businesses has stagnated in recent weeks....
...Steve H Hanke Professor of Applied Economics Matt Sekerke Fellow, Johns Hopkins UniversityBaltimore, MD, US...
...The Jules Verne of investment research (H/T Adam Tooze) has left Credit Suisse after it was devoured by UBS....
...Tia Hopkins, a cyber security executive and founder of Empow(H)er Cybersecurity — an organisation that helps women of colour into cyber security roles — says some organisations are only paying lip service...
...However, month-on-month (and seasonally-adjusted) the price of an egg collapsed 10.9 per cent in March, and the latest National Egg Review from the USDA has revealed the dire state of the market (H/T @riddleofsands...
...Chris Hopkins conducts....
...We’ll get more (albeit lagging) information on the deposit situation later today, when the Fed drops its H. 8 report on the assets and liabilities of the US commercial banking industry....
...The garden was designed by H Avray Tipping, who was at the forefront of the Arts and Crafts movement....
...I headed for D for deutzia and H for hydrangea and learnt new lessons. Have you yet tried a hydrangea called Runaway Bride or one called Renaissance?...
...(H/T the FT’s Antoine Gara for the below slide): You can see the shift here in SVB’s 2022 annual report. By the end of last year it only had $563mn worth of hedges left on its books....
...Letter in response to this editorial comment: England’s private utilities struggle to pass l’eau bar / From Steve H Hanke, Professor of Applied Economics, Johns Hopkins University, Baltimore, MD, US...
...Here is the text of an actual bill that Ted Cruz — the Princeton and Harvard-educated one-time presidential contender and current Texas senator — introduced earlier this week (H/T Molly White): SENATE CONCURRENT...
Jackson Hole, John Malone, DraftKings and NNT on Christianity
...The latest factsheet reveals an interesting joint-top holding (aside from cash and alongside Freenome, a private UK biotech company): (H/T Tanay Jaipuria) Presumably, the ARK Venture Fund picked this $1mn...
...🤷♀️ [H/T The Browser newsletter.]...
...Hanke and Matt Sekerke, Johns Hopkins University, Baltimore, MD, US Limited liability is crux of the moral hazard problem / From Charles Goodhart, London School of Economics, London W14, UK...
The ‘what happened, why it happened and what it means’ post
...Today, it has more than 250 signatories, including Kering, Chanel, Nike and H&M Group. Daveu and Vigneron say they are keen to follow the pact’s example....
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