Hints and tips:
...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....
...They found that the standout stocks today are at much cheaper valuations than the stars of the 90s were, and while the valuations of the Magnificent 7 et al do look a lot like the “Nifties,” they tend to...
...Bored of words, Ma et al. then tried numbers — roughly recreating the ratio of earnings revisions deployed above, but utilising forecasts of “earnings and other metrics” instead of just rating labels: We...
...Buonanno et al conclude from a study of their tax returns that purging City Hall of mobsters results in “a significant and sizeable increase of social capital” over the long term....
...Still, the study by Subramanian et al should remind us why we care about globalisation....
...If you owned rate-sensitive, high-risk stocks yesterday you have Unhedged’s permission to sell and take the rest of the year off (Carvana, Zillow, SoFi, et al rose 10 per cent or more)....
...Hermès, L’Oréal, Dior et al sell an idea of French high-end craftsmanship that derives almost whole cloth from the 17th-century court of Versailles....
...The riskiest, most beat-up members of the group (KeyCorp, Comerica, Zions, Western Alliance et al) rose the most....
...Terry Davies’s radical rearrangement allows Bourne to break free of the traditional narrative and evade odious comparisons with Lavrovsky, MacMillan, Nureyev et al....
...al)....
...al. find that when people trust an “active” central bank, reining in inflation is the outcome of trust, not interest rates....
...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....
...Given how volatile the data was during Covid-19, Williams et al suspended their estimates until May....
...It’s from JPMorgan analysts Tien-tsin Huang et al, who cover IT services at the bank....
...Strong family ties and obsession with work in China (or Asia; the two are used interchangeably) are cultural, apparently, not the result of a weak to absent welfare system....
...Elysian also offers a small selection of baked goods — muffins, scones, cookies et al — that are all made in house using butter or olive oil (rather than the mass-produced seed oils often found in commercial...
...Everyone expects Jay Powell et al to say “no rate increase today, but maybe in a month”....
...And for all the flaws of the current approach to equity and inclusion, Edmans et al say it does seem to be bearing some fruit: the average DEI score from their calculations has risen from 4.1 out of 5 in...
...The point is to be a convening place that can contribute by offering “le gîte et le couvert” — “a place to eat and a place to sleep” — she added....
...To put it more simply: Jiang et al argue there are $2.2tn in mark-to-market losses out there, and there is only $2.2tn in equity in the US banking system....
...There's the union v independence tactical voting, and then there's the anti-Tory tactical voting. And the two do not necessarily align. So the question is, what is the emotion, which is......
...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....
...Arnott et al estimate that stocks ejected from the S&P 500 actually outperformed new entrants by an average of 2,200 basis points in the year after the index rejig (FTAV has written about the index inclusion...
...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....
...That prompted a reply from Waller on Friday and a reply-to-the-reply from Summers et al this week titled, “The Fed is wrong: Lower inflation is unlikely without raising unemployment.”...
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