Hints and tips:
...The shorter settlement timeframe is known in industry jargon as T+1....
...US homeowners still pay an average mortgage rate of 3.75 per cent — roughly half the rate on new mortgages....
...But of course, there will be new shocks that the Bank has to respond to keep to this target. I trust the MPC will make the right choices....
...Alice Wang, China portfolio manager at Quaero Capital, says: “Many investors assumed it was going to be a giant national package like the US....
...When it came to the brewing US subprime mortgage crisis, Crastes thought doomsayers were getting ahead of themselves....
...As funding cuts for new social homes and bank loans dried up in the wake of the global financial crisis, housing associations turned to corporate bonds and the private market to fill the gaps....
...The National Association of Real Estate Investment Trusts estimates that US Reits collectively own over $4.5tn of property and have a stock market value of about $1.7tn....
...If it can grow economically at just 1 to 2 percentage points above the national average, it will soon draw in ambitious people and establish an economic lead....
...Dan Wang, chief economist at Hang Seng Bank, a Hong Kong-headquartered bank with significant operations in mainland China, says the economy has arrived at an inflection point....
...here and come to us two or three days a week.”...
...The MPC still hasn’t worked out that a 1 percentage point rise in unemployment lowers wellbeing much more than a 1 percentage point rise in inflation....
...Mortgage debt as a share of real GDP has risen 6 percentage points to 55 per cent, since the last rate-hiking cycle peaked in late 2018....
...The National Association of Realtors’ housing affordability index fell in June to its lowest level since November 2018, when mortgage rates were about 200 basis points higher, Nancy Vanden Houten, economist...
...That gives us a greater incentive to maximise returns,” says Liz Fernando, deputy chief investment officer at the National Employment Savings Trust, which manages £23bn of workplace pensions....
...The April and May numbers from the National Association of Realtors, which I wrote about yesterday, were pretty sporty, too....
...Babatunde Soyoye, the Nigerian national who co-founded Helios Investment Partners, the private equity firm backing the National Basketball Association as the North American league expands into Africa, is...
...It just needed the final green light from the US Treasury. It was at this point that the Treasury issued its first devastating “No”....
...An equally salient concern is the capacity of the opposition, which first joined forces for national elections in 2018, to waste the opportunity....
...Kate Barker, trustee at British Coal pension scheme: May outpace EU (faster recovery from Omicron impact) but lag the US due to the US fiscal stimulus....
...James Anderson, joint manager of Baillie Gifford’s Scottish Mortgage Investment Trust, asked the Financial Times in June. “It seems to me there is a real problem here.”...
...Apart from the neat alignment of numbers (1.2.21), a new parliament was set to convene for the first time since Aung San Suu Kyi’s National League for Democracy were re-elected in a landslide victory in...
...It has paid more than £1.3bn since 2018 to song writers in exchange for partial or total rights to components of their streaming catalogues....
...Glass Lewis, the second-largest proxy adviser, was acquired on Tuesday by Peloton Capital Management and Stephen Smith, co-founder of First National Financial, a Canadian mortgage lender....
...revenues of $1.4tn in 2019....
...Trust in business is up four points to 62 per cent since it last asked in January....
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