Hints and tips:
...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...
...Gareth Williams, the head of corporate credit research at S&P Global Ratings, emailed to say we were wrong....
...The riskiest, most beat-up members of the group (KeyCorp, Comerica, Zions, Western Alliance et al) rose the most....
...The S&P 500 index has performed just fine since the eighth of March, rising about 4 per cent....
...It smacks of a fight between the mafia and boy scouts....
...Ares, the best performing of the bunch — with a good reputation as a risk manager and a reasonable fee structure — has trailed the S&P’s 33 per cent total return in the period by only a few percentage points...
...Shares in the asset manager rose 5.7 per cent on the day the deal was announced, and this year they have nearly doubled the S&P 500’s performance....
...Here is the performance of the KBW bank index, compared with the S&P 500: Banks lend money and then hope to get paid back. The latter part of their business has been doing great....
...Hence the dizzy valuations of a stock such as Tesla, the eclectic vehicle manufacturer (whose market value is now the same as the entire S&P oil sector.)...
...In the news US stocks erase year’s losses The S&P 500 advanced 1.2 per cent on Monday to close at 3,232.39, back above its level at the start of 2020, while the tech heavy Nasdaq Composite set a new closing...
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...Support for the DPS comes from cover remaining >1.2x, a healthy reg. cap surplus of 85p+ p/s, and dividends being a mandatory component of fund manager variable comp....
...S&P 500 futures suggested Wall Street’s benchmark index would decline 2 per cent....
...Wednesday’s development in the NMC vs Muddy Waters et al saga saw Krupa Global Investments, a Czech activist fund, say apropos of nothing that it holds positions equivalent to just over 0.4 per cent of the...
...(WaPo) Girls v Boys The US Girl Scouts are suing the Boy Scouts after it dropped “Boy” from its programme name....
...John Butters of FactSet calculates that over the past five years, S&P 500 companies who beat EPS forecasts saw an average stock price increase of 1 per cent....
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...Coibion et al think official forecasters — the CBO is not alone — are making the same mistake as in the 1990s....
...Fifty US retailers filed for bankruptcy in 2017, according to S&P, the highest in six years, writes Anna Nicolaou....
...[3] The current version of the Antolin Diaz et al empirical model is estimated to explain about 50 per cent of the variation in US real equity returns over 3-year periods ahead....
...22% of GDP) Garthwaite et al refuse to stay down....
...BHP shares ended 0.5 per cent higher in Sydney on Tuesday, versus an overall 0.1 per cent decline for the S&P/ASX 200....
...Official guidance is required on whether Gareth Bale et al were expressing confidence in the UK’s future as a free trader, or were just better at kicking a ball around....
...In the UK, though, the company admitted that confidence levels remained as “fragile” as that of Corporal Jones confronting a boy scout on sentry duty – and well “below levels seen earlier in the year”....
...Time Warner’s are down 15 per cent, while Walt Disney’s are off by a similar amount, on fears of slowing growth at its ESPN channel. By contrast, the S&P 500 is flat over the same period....
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