Hints and tips:
...FTSE 100 wealth manager St James’s Place’s business model is coming under scrutiny....
...They illustrate their argument by comparing the paths to success of the richest people in Mexico and the USA (p. 39)....
.../ From Stefan Legge, University of St Gallen, Switzerland...
...Rushworth, Woking, England Polymath 1,046: C & D Barden, Cambridge, England Crossword 16,308: Chris Coleman, Cheltenham, England; Mark Huggins, Buckinghamshire, England; Neil Woolhouse, Wakefield, England...
...We also upgrade St....
...The companies have made use of ST unemployment schemes, which help reduce the c.30% drop-through we assume....
...ASR, Mapfre and Unipol/UnipolSai all look oversold versus their mark-to-market of S2, Exane adds. Here’s the key chart: What else?...
...The Canadian dollar was 0.8 per cent weaker at C$1.3369 per US dollar after earlier touching C$1.3399, its weakest point since June 2018....
...The US dollar was down 0.3 per cent against its Canadian namesake at C$1.3043 after the Bank of Canada raised interest rates for the third time this year....
...“The P&C industry typically has more touchpoints with the customer as policies get renewed every year,” says Yaron Ben-Zvi, founder of life insurance start-up Haven Life....
...The US dollar was 0.1 per cent higher against its Canadian namesake at C$1.2882 but still close to a 10-month low....
...The US dollar was down 1.3 per cent against its Canadian counterpart at C$1.3022....
...Sterling climbed back above the $1.27 mark after news that UK inflation had reached its highest level in almost four years....
...The M came off first, then the P. Soon the T, R and U were gone too....
...Andrew George, Liberal Democrat MP for the marginal St Ives seat, confused his party’s manifesto message by declaring a second coalition with the Conservative party “is not going to happen”....
...Wall Street paused for breath after two successive record closing highs for the S&P 500....
...The subdued tone in Asia followed a US session in which the S&P 500 hit 1,900 for the first time ever, but then pared back to close flat at 1,897....
...(Financial Times) OVERNIGHT MARKETS: DOWN Asian markets Nikkei 225 down -21.61 (-0.17%) at 12,327 Topix down -1.48 (-0.14%) at 1,039 Hang Seng down -29.44 (-0.13%) at 23,061 US markets S&P 500 up +5.04...
...The S&P 500 information technology sector lost 0.4 per cent....
...Big data marks the beginning of a major transformation....
...Downstairs, in the shop’s poetry corner, I come across a copy of C P Cavafy’s Collected Poems, translated by Daniel Mendelsohn, whose commentary on “The God Abandons Antony” explains that the title is taken...
...That puts the shares, which closed on Wednesday up 5p at 52½p – on a prospective multiple of less than three times....
...In Australia, the S&P/ASX 200 fell 0.6 per cent to 4,868, with mining groups hit on worries that China may demand fewer metals....
...For every Fifth Avenue, there’s a Mumbai slum; for every Sorbonne, there’s a D.C. high school guarded by metal detectors....
...The S&P 500 index closed 0.9 per cent lower at 1,081.40. The S&P financials sub-index dropped 1.9 per cent....
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