Hints and tips:
...III. On September 17, a few dozen protesters met at New York City’s Bowling Green park and circled the Charging Bull depicted in the Adbusters poster....
...[coronavirus] is not going to be the only thing that matters,” said Ian Stewart, chief economist of Deloitte....
...However, the sales unwind into 2H20-1H21 could be significant, which is a risk given a 2021e P/E ratio of almost 27x....
...(iii) Such a property wealth tax would cause a large industry of tax avoidance....
...However, each time stock prices approach book value, fear that surpassing this level will open the floodgates for new share issuance sparks a sell-off....
...Norway for now), iii) no deal or iv) remain....
...Stocks were little changed on Friday, with the S&P 500 down 0.2 per cent in early afternoon trading....
...(Financial Times) French ‘nuclear weapon’ against foreign takeovers sparks UK blast: As the UK government agonises over Pfizer’s bid for AstraZeneca, Arnaud Montebourg, France’s firebrand economy minister...
...But we think that without further stimulus or artificial boosts like HTB, the UK will slip back to its new normal rate of trend growth of between 1-1.5 per cent p.a. the reason being that the productivity...
...S&P 500 futures gained 0.1%....
...(Financial Times) Small UK banks complain of risk-weighting disadvantage: Small banks have rounded on UK, EU and Basel III regulations they say have imposed a “glass ceiling” that works at odds with government...
...Then there’s the comparison that Luciano Siracusano III, chief investment strategist at New York’s WisdomTree Investments, outlined at a recent FT-hosted forum – how the S&P 500 performed in the decade following...
...Proposals for Basel III are now under review by Europe’s legislative bodies. It is vital that the European Union analyses them closely....
...Brussels meanwhile is drawing up tougher rules which could make Moody’s, Fitch, and S&P liable for the damage of “incorrect ratings”....
...The S&P 500 financial index led the risers, up 2.3 per cent, after the Basel III committee unveiled the new rules....
...Collins Stewart’s team was also positive on Vodafone, moving to a “trading buy” based on the stock’s 6 per cent dividend yield....
...But S&P Fund Services warned that these “hurdle rates” varied enormously....
...The S&P 500 index in New York is up 0.3 per cent. Financials, which are 2.8 per cent higher, are showing the way....
...DuPont, the chemicals maker, reported a tripling of profits, helping to spark stocks’ earlier gains....
...A crash in debt prices would spark a surge in yields that could entail stagflation....
...On Wednesday, shares in HBOS closed down 5½p at 254½p – almost half their value at the time of the April announcement, and 23p below the price at which the issue was underwritten....
...Shares in Cenes closed up 22½p at 54½p....
...I expect the S&P 500 to reach all-time highs and to end 2008 somewhere around 1650....
...Northwest shares rose 74½p to 212½p, valuing the group at £80m....
...Stockbroker Collins Stewart continued to recover from recent weakness....
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