Hints and tips:
...If you owned rate-sensitive, high-risk stocks yesterday you have Unhedged’s permission to sell and take the rest of the year off (Carvana, Zillow, SoFi, et al rose 10 per cent or more)....
...Trump et al v....
...The question now is whether the industry can resist a vicious price war....
...We note UK regional RevPAR growth has remained at -2.1% YTD (vs. -1.7% 3mma)....
...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....
...There’s not much precedent to support the idea that Shina et al can walk away based on a MAC clause: WPP was forced against its will to buy Tempus in 2001, Guy Hands couldn’t scrap a bid for East Surrey...
...Wednesday’s development in the NMC vs Muddy Waters et al saga saw Krupa Global Investments, a Czech activist fund, say apropos of nothing that it holds positions equivalent to just over 0.4 per cent of the...
...The social mingling resulting from any short-term economic reopening would probably come at the price of a second contagious outburst....
...Earlier this year, Kate Ricke and three other researchers used Burke et al’s damage function to estimate a social cost of carbon per country; for a “middle of the road” socio-economic scenario with a correspondingly...
...A second study, Jones et al. (2011), analyzed a treatment for localized prostate cancer (an early stage of prostate cancer with a five-year survival rate on the order of 80 percent)....
...Williams et al say specifically that there is no sign that R* is beginning to rise....
...Indeed, it is surprising there is no “Text Will” app to deliver his greatest lines in a form they understand: 2b r nt 2B, TITQ; or Et 2 Bru....
...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....
...(Oddly, Harris and Hatzius et al spend a surprisingly large number of pixels arguing that their findings refute Summers’s point, mainly by noting that inflation was accelerating beyond the 2 per cent target...
...For a company like Rural that is traded on a major exchange, ―[t]urnover measured by average weekly trading of . . . 1% would justify a substantial presumption‖ of market efficiency. 5 Bromberg et al., Bromberg...
...Statistical studies (see for example Gadea et al) confirm that there has been no significant break in the behaviour of volatility in the five year period since 2008, compared to that experienced during GM...
...But, as Neil notes, things could have been worse without all that warehousing shenanigans from Goldman et al....
...So it’s not surprising that the first response from Buchheit et al is to answer back with bits of the bond contract that suggest sneaky loopholes instead....
...A weighty and mean-looking coffee table must, available at something of a bargain price....
...On the flip side, one study (Chen et al., 2011) concluded that the inflationary consequences of QE1 and QE2 were less than 50bps....
...April’s gain was 8.2% Looking at market cycles, this is rare....
...What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
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