Hints and tips:
...Productivity-hype bubbles are usually separated by at least 25 years and usually form at the end of a secular bull market, when aggregate profits are coming under pressure, say Garthwaite et al....
...However, Weinstein et al say they are excited to a large extent because those aforementioned risks are now materialising. As private credit investors, this is the environment we’ve been waiting for....
...Today’s top stories The US Federal Reserve announces its decision on interest rates at 2pm ET/7pm London today. Check back here for details and reaction....
...Given how volatile the data was during Covid-19, Williams et al suspended their estimates until May....
...And many are willing to pay up for the chance to own a central voice for Conservative Britain....
...Saudi Arabia plans to launch a multibillion-dollar investment company within the PIF, two people familiar with the matter told the FT’s Samer Al-Atrush in Dubai and Samuel Agini, to scout more deals in the...
...It’s the central chapters, on effort and entrepreneurship, which give the strongest impression that our current leaders don’t like us very much....
...What about how concentrated the stock market gains are with Nvidia, Microsoft, Google et al? I mean, shouldn’t that weigh against this rally? What about that? Katie MartinMaybe yes....
...Shares in other banks considered to have some degree of asset-liability mismatch (Western Alliance, Zions et al) only saw their shares wobble a little bit yesterday....
...And corporations of all types use longer-term currency swaps to hedge their own foreign currency bond liabilities (McBrady et al (2010), Munro and Wooldridge (2010)). The BIS’s suggestion?...
...Everyone expects Jay Powell et al to say “no rate increase today, but maybe in a month”....
...The evidence we have suggests that as an inflation hedge bitcoin is useless (Smales, 2021), mostly useless (Conlon et al, 2021), randomly worse than useless (Matkovskyy and Jalan, 2020), or consistently...
...companies by Trove Research, a data consultancy....
...Need to know: Global economy Sultan Al Jaber, the president-designate of COP28 and head of the Abu Dhabi National Oil Company, promised to “supercharge” global climate finance, finalise a $100bn fund to...
...But as Steven Kelly of the Yale Program on Financial Stability pointed out to me, Yellen et al will need the goodwill of the big banks should some other bank or banks get into trouble....
...If we are right that consumer spending, despite some recent softening on the margin, is still at or above trend, that is another thing for Powell et al to fret over....
...In the US, at least, mom-and-pop investors and advisers build portfolios with the categories used by Morningstar et al....
...Does that mean already anxious investors have little to fear as the Fed et al embark on QT?...
...as Argentinians, Venezuelans et al flee to a functioning country....
...It’s a big week everywhere for central banks....
...A Federal Reserve Board of Governors paper by Edmund Crawley et al says $2.5tn of Fed balance sheet unwind would approximately equate to a 0.50 percentage point of tightening, or 20 basis points per trillion...
...In a tour de force for Scottish Ballet, however, choreographer Helen Pickett makes the case for translating Arthur Miller’s Salem-inspired The Crucible into dance — faux witches, Puritan paranoia et al....
...Prosecute fraud, maybe regulate crypto exchanges like casinos, and keep the SEC et al out of it. This is a disagreement about how to cordon off crypto so that when crypto burns, it is controlled....
...Permits for building new homes are expected to decline due to a surge in mortgage rates....
...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....
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