MarketWatch (August 26)
“Wall Street is more focused on Nvidia than on threats to Fed independence. That may be a big mistake.” The “muted reaction to Trump’s attempt to fire Fed’s Lisa Cook indicates markets are ‘not properly priced’ for a rupture in the monetary-policy process.”
Tags: Attempt, Cook, Fed independence, Fire, Markets, Mistake, Muted reaction, Nvidia, Properly priced, Rupture, Threats, Trump, Wall Street
Financial Times (February 28)
Norway’s $1.3 trillion sovereign wealth fund, the world’s largest, “is voting against Apple’s pay policies, including $99mn in salary and bonuses for chief executive Tim Cook, part of a growing shareholder backlash against remuneration at the tech giant.” The funds rationale includes the belief that “a substantial part of annual pay should be provided in shares that are locked in for five to 10 years.”
Tags: Apple, Backlash, Bonuses, Cook, Fund, Norway, Pay policies, Remuneration, Salary, Shareholder, Sovereign wealth, Tech, Voting
