Hints and tips:
...That is why those interested in the “E” in “ESG” could welcome the findings of a much-cited 2020 study from Patrick Bolton and Marcin Kacperczyk....
...Up until the Powell pivot in 2018-19 [when Jay Powell’s Federal Reserve switched from raising to lowering rates], tech wasn’t at a particularly substantial P/E premium relative to the market....
...In his book McMindfulness, Ronald Purser argues a multi-billion dollar industry has commodified meditation....
...Passengers at Washington’s Ronald Reagan National Airport are greeted by another billboard. Adverts opposing the rules are popping up in podcasts and television shows....
...Our top-line question every month is the old saw that Ronald Reagan used to beat Jimmy Carter in 1980: “Are you better off than you were four years ago?”...
...Monetary policy: Federal Reserve chair Jay Powell addresses a conference in Washington and Fed governor Lisa Cook will speak at an event hosted by the Dallas branch of the US central bank....
...Acme Atelier sells muted, made-to-order kilts (from £950) via ecommerce site Old Stone Trade, an e-retailer focused on small artisan producers with a niche skill....
...K is synonymous with new Korean culture, the little e is hitched to the internet....
...Here is how we respond to points (a) through (e): Excess savings will soon be exhausted....
...Heartland, PG&E and Internet Brands did not respond to requests for comment....
...researchers reckon: . . . for the 10% conditional quantile of GDP growth (upper panel), we find that countries with a relatively more flexible exchange rate regime exhibit a significantly more moderate (i.e....
...The president repeatedly blasted “trickle-down” economic policies espoused by Republicans since Ronald Reagan’s time in office, which are based on low taxes, deregulation and unfettered free trade, and said...
...Could well be, though it would mean the popular Shiller p/e ratio, which is very high now, has misfired....
...Ronald Reagan. How many people said Ronald Reagan was too old? Do you remember in his debate with Walter Mondale, the classic line?”...
...The markets could have their Wile E. Coyote moment. Lay-offs may spur more lay-offs now that businesses are confident they can hire back if necessary....
...Robert Armstrong I have a contrarian long on Jay Powell (Pronounced as Paul). Do we say Powell? Ethan WuPowell. (Laughter)Robert ArmstrongPaul is the English . . . I’ll say the name....
...In the more immediate future, today’s data should lock in a pause at the June FOMC meeting, i.e. no rate hike....
...A loan extension for California utility PG&E was shelved last month, while Heartland Dental, a provider of services to dentists’ offices, and digital media business Internet Brands had to pay lenders more...
...As Jay Powell put it at his May press conference: “It’s possible that this time is really different. And the reason is, there’s just so much excess demand, really, in the labour market.”...
...Look at the environment in which current Fed chair Jay Powell is operating and you might wonder how he can be a Volcker without Volcker’s luck....
...We don’t know whether that will happen or not; we wouldn’t make those noises if we were Powell, given that “sticky” prices have hardly slowed; but we are not Powell....
...But at Antelope Point Marina, near Page, you can rent a houseboat and head out to explore Lake Powell, a reservoir with some 2,000 miles of shoreline surrounded by dramatic, desolate, landscapes....
...His successors from Ronald Reagan to the present day have since been drawn into the Middle East as a land of both opportunity and risk....
...But Fed chair Jay Powell struck a more positive tone at the subsequent press conference....
...But neither Gorbachev nor Ronald Reagan’s administration let the affair derail their efforts at improving relations — efforts that delivered a dramatic reduction in east-west tensions by the end of the 1980s...
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