Hints and tips:
...Trevor Wood Partner, Vedder Price, London EC2, UK...
...Tim Rourke, UK head of P&C pricing, product, claims and underwriting at WTW, said the data suggested “the relentless rise in prices may finally be turning a corner”....
...But otherwise, give me a V-sweet C-suite job any time. As if anyone would....
...) big enough to make a meaningful impact on Berkshire’s earnings, (b) possible to reliably value, (c) have trustworthy and competent management, and (d) are available at a reasonable price....
...In contrast, the S&P 500’s price-to-book ratio is close to the record 5 times it touched in 2021 and 2000 (the Nasdaq’s P/B ratio is close to 7.5 times)....
...At nearly 12 per cent it dwarfs the 7.5 per cent that US high-yield bonds pay, and is close to the effective yield of super-junky triple-C bonds....
...The world’s most successful hedge funds made their biggest profits on record last year as punchy bets on stock markets paid off when share prices surged....
...Rising yields reflect falling prices....
...The uncertainty is exemplified by some strategists having to change their price targets merely a few weeks after originally writing the year-ahead outlooks last month!...
...With just 1.2bn people having an income above $12K a year, Apple is valued on an EV per pop of c$2,300, which requires c$800pp of annual spend, on the global equity strategy team’s calculations. 4....
...to c.$1.2bn....
...The answer is sort of interesting (all data from S&P Capital IQ): Companies in the S&P 500 have an average price/earnings ratio of 23, based on earnings estimates for the next 12 months....
...Yet shares of insurers such as Allstate, Progressive and AIG are down between 3 per cent and 22 per cent this year, while the S&P 500 has climbed 16 per cent....
...The French government is pushing British ministers to provide loan guarantees for Hinkley Point C to try to ease EDF’s financing costs on Britain’s new flagship nuclear power station as its price tag has...
...“If you’re trading your retirement plan intraday, probably your adviser will grab you by your lapels and say ‘please stop’,” said Jeremy Senderowicz, an attorney with law firm Vedder Price....
...In the case of the McKinsey report published in 2020, the main study gathered data about diversity on the boards and in the C-suites of more than 1,000 large global companies....
...Where there is real risk of loss to even patient and volatility-tolerant investors, the market has mostly kept its head: It would be nice if spreads were wider, and at its current price corporate bond prices...
...We consider the price stability performance over the past 12 months to be a weakness for USDC....
...(c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...Slok: Look at the trailing price/earnings ratio. The forward P/E can be anything; if we have a soft landing the future will look good, if we have a hard landing, the future will look bad....
...It would be nice if they were slightly cheaper, though, in dividend yield or even price/earnings terms....
...Others, such as Jeremy Senderowicz of law firm Vedder Price, are more optimistic....
...Should they be worried by Fitch falling in line with S&P? Probably not. Yields rose in response to the announcement, which means prices had fallen....
...The worst-performing sectors of the S&P 500 this year — other than energy, which has been hit by low oil prices — have been utilities, healthcare, and consumer staples....
...The total value of Argentina’s bonds borrowed by investors to wager on a fall in prices has jumped by 65 per cent since Milei, a self-described “anarcho-capitalist”, won a primary poll last month ahead of...
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