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...It is where we established the Andrew Logan Museum of Sculpture in 1991. In the ’80s, I had a dream of opening a museum. I realised that exhibitions finish but museums don’t....
...JPMorgan’s economists were writing before Logan’s speech, however, and she wasn’t talking about ending QT. At least not yet....
...And true, above all, of Logan Roy. “Logan is one of the most misunderstood characters I’ve ever played,” he says. “All he wanted was to find, within his own family, a successor....
...“Logan Roy isn’t picking the material for his drapery, he’s got staff to deal with that,” he says....
...Once you’ve spotted the connection, any you didn’t know the first time around should become easier. Which west African country borders Senegal and Guinea?...
...“With the economy this strong, policy isn’t as restrictive as the Fed thinks it is.”...
...No one is selling who doesn’t have to sell; everyone wants to keep their cheap mortgages....
...Dallas Fed president Lorie Logan on Friday said risks were increasing that progress on inflation could stall....
...Also, don’t ask for consistency from the public. So, what does this mean for the Fed?...
...And as follow-on speeches from the Dallas Fed’s Lorie Logan and Fed governor Chris Waller made clear, central bankers are listening....
...“A stimulus ‘bazooka’ as it has been traditionally designed, I don’t think will come.”...
...Logan’s point is that liquidity isn’t uniform. It matters which players in the financial system have it. This is what the rumbles in Sofr show. If the QT endpoint is uncertain, approach it slowly....
...It wasn’t pretty....
...Having rejected the role of psychotic gangster Don Logan (played unimprovably by Ben Kingsley), retired thief Gal Dove was a more muted and melancholy twist on the career criminal....
...But we didn’t talk about what Logan notes above: shifts in stock-bond correlation. Many investors own long bonds as diversifiers....
...The Janice has been worn by the Princess of Wales, and when TV presenter Gabby Logan was seen in the sequinned Jacquetta dress last Christmas, it prompted a sell-out run....
...“But when these assets don’t then the company has to answer a lot of questions from investors.”...
...The specifics don’t hugely matter (baby Roys may disagree)....
...“But what central banks don’t want is markets taking away their tightening.”...
...The uncertainty scores and risk weightings are fake and simply designed to cover the backs of those producing them (“Oh, the world is so difficult to predict, don’t blame me if I’m wrong”)....
...We can’t learn how to build a safe AI without experimenting, and we can’t experiment without progress, but we probably shouldn’t be barrelling ahead at max speed either.”...
...The supply argument just doesn’t seem as convincing....
...The phone wouldn’t even fit in the bag. I rest my case. But maybe my clutch aversion is actually a case of sour grapes because I haven’t got the knack. Am I a strap-dependent snowflake?...
...“[Previously] when the circus came to town, [F1] didn’t know who attended, didn’t know why they attended, didn’t know what their real preferences were and what they wanted,” he says....
...“They can’t really be too explicit that they’ve come to the end of the hiking cycle simply because markets struggle with pricing in rates on hold for a prolonged period of time,” she said....
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