Hints and tips:
...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...
...and inflation go hand in hand Bouchaud et al. find that when people trust an “active” central bank, reining in inflation is the outcome of trust, not interest rates....
...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....
...It’s from JPMorgan analysts Tien-tsin Huang et al, who cover IT services at the bank....
...JPMorgan Chase analysts estimate that small- and medium-sized banks — those struggling with deposit outflows — account for about 70 per cent of so-called CRE loans....
...JPMorgan Chase rake in their fees, according to people familiar with the figures....
...The Federal Reserve, it appears, is going to tighten with total predictability and imperceptible gentleness; inflation will be transient; Evergrande et al will not sink the Chinese economy; lions will lie...
...Subscriber-only live event: Listen to FT correspondents and guests, including Afghanistan’s former central bank governor, discuss the Afghan crisis today at 9.30am ET....
...The paper by Barber et al calculates that “the top 0.5% of stocks bought every day lose about 4.7% over the subsequent month”....
...For example, in a 2010 opinion (Chevron Corp v Steven Donziger, et al) handed down from the US district court in Manhattan, the judge wrote that the “evidence at trial established that Donziger, a New York...
...And, as lockdown measures are softened, the return of the likes of Gregg's, Starbucks et al to the UK FtG market will increase competition....
...Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...(FT) Stakeholder v shareholder debate Rodgin Cohen, who is a partner at Sullivan & Cromwell, makes the case for why boards should consider the public interest: it’s good for the business and for shareholders...
...As Copeland et al noted in 2015: A complete unwind of all repos, and not merely of those maturing, is an operationally simple process....
...If the We Company were to shelve the listing, it would also lose access to a $6bn loan from a group of banks, including JPMorgan Chase and Goldman Sachs, that was contingent on the IPO raising at least $3bn...
...Addison Lee, the mini cab company that was bought by Carlyle just months before Uber et al made it on to the scene....
...Bank of America, meanwhile, plans to hire as many as 50 senior dealmakers to revitalise its stuttering investment bank....
...We followed along with FDR, Eisenhower, JFK, Reagan, Clinton and Bush et. al in their postwar course because we wanted to or had to: there was no alternative worthy of considering or competition....
...(FT, Al Jazeera) In the news That’ll be £500,000 please Facebook has been hit with its first financial penalty over the massive data leak to Cambridge Analytica....
...This was disproved by the trial of US v Zarrab et al, in which a Turkish banker and a gold trader were convicted of laundering Iranian oil and gas revenues....
...(NYT) Why would a bank pay $400,000 for an Obama speech?...
...Elliott v Arconic: Round 2 The nastiest proxy fight of the season concluded on Monday. Or did it?...
...Who ultimately wins the stand-off — Mr Dimon et al or the market — will hang in part on how duty-bound JP feels to stand by its pledge....
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...We suppose, before getting to what might stop this, one should probably discuss what’s hitting the Wunderbund et al. Still early in the day, after all....
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