Hints and tips:
...Heilbronn’s Surrealism: Worlds in Dialogue features David Lynch’s hallucinatory films, Cindy Sherman’s masquerade photographs. Why is Surrealism so fertile and fascinating?...
...Paintings include “The Last Communion of Saint Jerome”, from the studio of Sandro Botticelli (1445-1510), priced at $750,000....
...Jeffrey Sherman, deputy chief investment officer at DoubleLine Capital, said: “Powell’s key message was that the Fed is not on automatic pilot.”...
...FURTHER READING: Complaint, Orlando Police Pension Fund v....
...As a House member, Sherman will not have a vote on the Fed chair....
...As always, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with thoughts for other companies to cover, trends to follow or general tips....
...Feel free to drop me an email at sid.v@ft.com. Why does SEC chair Gary Gensler have a YouTube show?...
...One is the loose monetary policy by central banks pushing up asset prices in general....
...In Hungary, Sinopharm’s vaccines were bought for $36 per dose, more than three times the price of Russia’s Sputnik V. Senegal paid $19 per dose for Sinopharm jabs....
...And now a fifth expect a “V-shaped” economic recovery, up from a 10th in the previous month....
...Casting doubt on the merits of a V-shaped recovery is hardly an earth-shattering view....
...“I am not convinced that we are going to have a V-shaped recovery,” he said. “I think it will be more like a U. The key thing is to shorten the lower part of the U . . ....
...Chart via Jérôme Jean Haegeli, of insurer Swiss Re: But what does this mean? The most obvious interpretation would be to say that inflation is coming....
...In that case we get the much-discussed V-shaped recovery in the third quarter....
...The oil price has doubled from its lows. And inflation indicators everywhere keep coming in a little ahead of forecast. This has been a gruesome week for lots of investors....
...The newest tablet will cost $329 for regular customers but schools will pay $299 and also receive a $10 discount on the Pencil’s $99 price....
...Doing that, Trian said, should create “implied value” of about $40-$45 per share, compared to the price of about $28 this week....
...A Victorian Cindy Sherman Julia Margaret Cameron saw the artistic possibilities of photography from its early days....
...Co-founder Jack Dorsey will lead the company as it searches for a new chief executive....
...One of the obvious disadvantages of coming late into collecting photographs was that prices rose exponentially in the last two decades of the 20th century....
...Frankly at this price it is a pick-up target for Facebook, Google or Microsoft,” he said. “But I don’t expect it to stay in the low 40s.”...
...Its owner, who has been widely identified as the Dublin businessman John Magnier, applied for an export licence, but in 2003 Tate managed to raise £12.5m to match the price and keep the work in the UK....
...In such set-tos as Theseus v The Minotaur or Optimus Prime v Megatron it is obvious who to root for. Tougher to pick a side when the combatants are British American Tobacco and HM Revenue & Customs....
...SupremeCourt ruling in Bell Atlantic v. Twombly) that the banks acted together to manipulate the LIBOR rate....
...of T Rowe Price Group’s $68bn Retirement Funds series....
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