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...The evidence for this is simple: the US is running historically large procyclical fiscal deficits outside of a war....
...And that is the share price of Dr. Martens since IPO. It seems even the love and support of Olivia Rodrigo’s fandom aren’t enough to keep prices up....
...What is it trying to say about the state of America? Is it a war film, a political film, or both?...
...I’m Lilah Raptopoulos, and here is my talented team. Katya Kumkova is our senior producer. Lulu Smyth is our producer....
...That is unlikely to improve in the near future....
...“Lifelike painting is not for me. Obvious is boring,” he says. As a result “some of the so-called specialists or professors would say that the postwar figurative language and art is under-represented”....
...Here’s what nearly all of you said: CHART 1 The gold-silver ratio is from this April 10 ETF market update....
...He is rather disappointed that Powell also now thinks more time is needed to see disinflation, which he thinks is still on track....
...This is a minefield for all ages. I suppose demand is highest among the young....
...Here is what they was: That’s the yen/euro cross rate, specifically how many euros one would receive for 100 yen (we accepted JPYEUR etc.)....
...Sound design is by Breen Turner Read a transcript of this episode on FT.com...
...What is preventive chemotherapy? This is not an expression that clinicians generally use, preferring the term “adjuvant” therapy....
...If so, its current $10bn valuation is a bargain....
...Third, financial product innovation is a vital enabler....
...How fast is the benefits bill rising?...
...At the other end of the scale the Canadian government is considering if it should allow access to this “service” for anyone over the age of 18 who is clinically depressed....
...Valentina Romei How fast is China’s economy growing?...
...But the recent trend is clear and inflation concern is due. The market reaction on Wednesday was big....
...Jonathan is back next week....
Environmental, social and governance investing principles were a dominant topic for years. What happened?
...Luminate is an independent music data analytics company and is no longer owned by Nielsen Music as incorrectly stated in an article on April 23....
...And I’m just not convinced the recent rally in gold is a sign of anything other than renewed fears that inflation is not disappearing as quickly as many (including Jay Powell) had hoped....
...For now, the only question is whether they are more selfish than cowardly, or more cowardly than selfish. What is not in doubt is the bad faith with which their arguments are made....
...too hard: 2 Number of contestants saying last week’s chart quiz was just right: 0 Here’s what they needed to say for a chance of winning the tee: That’s S&P’s year-to-date corporate default tally and is...
...Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music....
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