There seems to be a whole industry that has emerged to pore over the monthly US non-farm payroll numbers, but ultimately there are only two things of interest. Are US corporate sacking enough employees to signal an impending recession, or employing so many and paying so much as to spook the Fed into tightening monetary […]
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When a slow, or no growth company offers stock to acquire a faster business, then there is always a risk that time value will whittle away the initial bid premium. For AT&T’s offer for Time Warner, this has been accentuated by the drawn out litigation with the DoJ to get the deal approved as well […]
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It’s not exactly rocket science to work out that upstream oil profits and therefore oil major share prices are sensitive to prevailing oil prices. It therefore ought not come as too much of a surprise then to see sector share prices respond favourably to the better than expected rally in oil prices, with Brent hitting […]
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As a student of history, Putin is probably well aware of Napoleon’s maxim of “Never interrupt your enemy when he is making a mistake”. The US, France and UK may well feel empowered this morning after attacking Syria with around $200m worth of missiles, but what have they achieved? The Syrian military has not been […]
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Facebook is “responsible for the content” on its platform, Zuckerberg says Wow, now that’s quite an admission! Zuckerberg, by implication no longer sees Facebook as an open social platform to enable users to connect and share their own content, but one where Facebook participates in the ownership of that content and can impose its own […]
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Have we given a lunatic the keys to the asylum? Donny ‘Two-Scoops’ recent Tweet on Syria might seem to suggest as much. Even if one were to ignore the playground language of a five year old, the contents were also deeply troubling on several levels. The first and foremost is that the Russians […]
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When DMGT acquired EDR twenty years ago, it must have seemed an exciting proposition, being described at the time as a “leading provider of geographical based environmental risk management information in the US”, particularly given the possible synergies with DMGT’s risk management and catastrophe modelling operations such as RMS. Twenty years later however, revenues have […]
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Well that seemed short-lived. Perhaps the bounce in US equity markets on the February non-farms was just a one day wonder. The numbers however, weren’t too shabby for equity prices; the combination of a better than expected net job growth (including upward revision in the January guesstimate), but with a lower pace of average wage […]
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