Valuations and returns revisited
In the short and very long terms, ignore equity market valuations. In between, watch carefully
Economic_News
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Ukraine debate on peace plan raises EU pressure to agree frozen assets loan
Also in this newsletter: UNHCR sources additional EU funding for Sudan crisis
Currency traders bet against sterling ahead of Budget
Investors buy option protection on fears Rachel Reeves’ tax-raising measures could hurt growth
Financial regulator digs into WHSmith’s overstated profits
UK’s FCA engages with retailer but is yet to decide on formal probe into accounting errors at retailer’s US business
Tech trumps tariffs: why US exceptionalism will last
The view that the stock market is in a massive bubble and bound to crash is incorrect over the medium term