Hints and tips:
...“We’re all going on a summer holiday” (RIP Una Stubbs) sang Airbnb on Thursday, as it reported strong revenue growth in the second quarter and promising future bookings....
...In reasons to be cheerful about European stocks, Citi strategist Jonathan Stubbs has a fulsome chartpack circulating to underscore a point about corporate payouts and the stock market: “QE may be coming...
...Speaking at the start of a regular meeting of euro-area ministers in Luxembourg, Mr Stubb said that the “the 72 hours that follow [the vote] are in many way unpredictable”....
...But “now you are seeing something on top of that”, says David Stubbs, global market strategist at JPMorgan Asset Management....
...(FT) The new Finnish government The Centre party won 49 seats in the 200-seat parliament, putting Juha Sipila in place to replace Alex Stubb as Finland’s prime minister....
...JPMorgan Asset Management has appointed David Stubbs as global market strategist, based in London....
...As Jonathan Stubbs, strategist at Citi, notes, “UK plc derives almost 75 per cent of total sales/revenues/profits from overseas”....
...So says the still optimistic Jonathan Stubbs at Citi, at least. Halfway through the year and the strategy team budge not from their forecast: 20 per cent total return from European equities this year....
...“The FCA will say that the bond was never genuine,” said Rebecca Stubbs QC for the FCA. “This was essentially a sham designed to conceal losses that the fund had suffered on its main strategy.”...
...Or rather we’ve spotted that the optimistic Jonathan Stubbs at Citi has said it. There is a buzz, and it is all about the Bs....
...“We cannot go on and negotiate an investor protection agreement with India, which clearly has big problems right now, if we don’t have a precedent from somewhere else,” says Alex Stubb, the Finnish trade...
...And as Jonathan Stubbs at Citi has been pointing out, asset-class returns for equities now look pretty good for almost every period you choose to consider, a fact which tends to be followed by higher allocations...
...Mr Stubbs calls this “de-equitisation” and it is a trend he expects to continue for a number of reasons....
...“UK equities have looked cheap on a variety of measures over the past couple of months,” adds Mr Stubbs....
...Jonathan Stubbs, at Citigroup, takes a slightly more bullish view. “European equities have already suffered a lost decade,” he points out....
...Contrarians have only triumphed at big market and macro- economic turning points, say strategists Jonathan Stubbs and Adrian Cattley....
...“Recession appears to be a more likely outcome now in Europe and/or the US than three to six months ago,” says Jonathan Stubbs, equity strategist at Citi....
...For Mr Stubbs, there will not be a new bear market in the absence of a hard landing or a GDP/profit recession....
...According to Mr Stubbs’ calculations, the futures market forecasts that pay-outs from European dividends will be 30 per cent lower in 2013 than they are this year....
...An investor who bought each sector as the trailing dividend yield exceeded the market by 100 per cent would have seen a 12-month total return of 27 per cent (or 18 per cent relative), Mr Stubbs calculates...
...Oil and gas (followed by basic resources) has been the best performing sector in Europe when oil prices have risen 100 per cent year-on-year, says Mr Stubbs....
...According to Jonathan Stubbs, strategist at Citigroup, pull backs and rallies are part and parcel of the recovery from bear markets....
...Not very, says Citi strategist Jonathan Stubbs....
...Jonathan Stubbs, equity strategist at Citi, says these companies could do better to use cheap debt funding to buy back their own equity rather than pay a premium for another company’s shares....
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