Hints and tips:
...Listening to a recent FT Behind the Money podcast about JPMorgan Chase, however, made me wonder if banks might not be the most interesting and perhaps even the most extreme example of that dynamic....
...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....
...It’s from JPMorgan analysts Tien-tsin Huang et al, who cover IT services at the bank....
...Isn’t it high time the regulators increased oversight on Blackstone and Apollo, et al, as this relatively new and powerful group of financial titans continue their march to the top of the heap on Wall Street...
...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...
...Ronnie Walker et al. write (our emphasis): — We see two main channels through which a lower response rate can impact the JOLTS job openings statistics....
...JPMorgan chief executive Jamie Dimon warned that new US capital requirements posed “significant economic risks” for large banks, making it harder to meet customer needs just as “storm clouds” were gathering...
...The FANG+ index — which includes Tesla and Baidu as well as Facebook et al — may be only down a little at pixel time, but it has plunged by just over a quarter since the turn of the year....
...There is for sure a debate to be had about when the Federal Reserve et al should have pivoted their stance more forcefully to tackle inflationary pressures, and what they should and shouldn’t do now....
...In the second quarter of this year, growth in card loans at JPMorgan Chase, Citigroup and Bank of America were 0 per cent, -5 per cent, and -10 per cent, respectively....
...The paper by Barber et al calculates that “the top 0.5% of stocks bought every day lose about 4.7% over the subsequent month”....
...By avoiding the distribution of realised capital gains, the average ETF has had a tax burden 0.92 percentage points lower than that of the typical mutual fund over the past five years, Moussawi et al found...
...For example, in a 2010 opinion (Chevron Corp v Steven Donziger, et al) handed down from the US district court in Manhattan, the judge wrote that the “evidence at trial established that Donziger, a New York...
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...“[South Korea et al] probably don’t belong in an emerging market index, particularly on the debt side,” added Mr Huebler, who said EM investors generally think they are targeting “countries that have a risk...
...By the time of Lehman Brothers’ collapse, there remained two US tri-party agents: JPMorgan Chase and Bank of New York Mellon....
...Here are two charts from Calomiris et al. depicting the relative growth of this asset class versus smaller-sized dollar-denominated EM corporate debt....
...to central bank reserves, by most dealer banks except one — JPMorgan (also see, Ihrig et, al, 2018)....
...If the We Company were to shelve the listing, it would also lose access to a $6bn loan from a group of banks, including JPMorgan Chase and Goldman Sachs, that was contingent on the IPO raising at least $3bn...
...Feldman et al. have a sense why that is:The access to capital investment and the ability to spread risks among many small shareholders appears to facilitate heavier investments in R&D, arguably the riskiest...
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...Chase precious metals trader has pleaded guilty to spoofing charges in an action that could implicate other employees at the bank....
...Just Eat, Domino’s, Deliveroo, UberEats, Amazon et al, have grown very rapidly but it is too early to call them winners, indeed we believe that the battle has only just begun.”...
...We followed along with FDR, Eisenhower, JFK, Reagan, Clinton and Bush et. al in their postwar course because we wanted to or had to: there was no alternative worthy of considering or competition....
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