Business Insider (May 2)
“April was the best month for stocks since 1987. But this stand-out performance” may be misleading. “History is rife with many examples of bear rallies that give way to even deeper losses.”
Tags: April, Bear rallies, History, Losses, Misleading, Performance, Stand-out, Stocks
Washington Post (April 2)
For weeks President Trump “talked nonsense….. The failure to prepare and the foot-dragging that has followed will mean … more people will get sick and die. Yes, those deaths — the losses that could have been prevented by sane, sensible decisions his own advisers were urging — are on Trump’s head. No amount of spin will absolve him of that responsibility.”
Tags: Absolve, Deaths, Failure, Foot-dragging, Losses, Nonsense, Prepare, Sane, Sensible, Sick, Spin, Trump
Investment Week (February 10)
“Managers of China-exposed funds, which have seen heavy losses in recent weeks during the financial fallout of the coronavirus, are now eyeing buying opportunities in the belief the developing health crisis will not hinder the market beyond the short term.”
Tags: Buying opportunities, China, Coronavirus, Fallout, Funds, Health crisis, Losses, Managers
The Economist (April 20)
“Investors often describe the world of business in terms of animals, such as bears, bulls, hawks, doves and dogs. Right now, mere ponies are being presented as unicorns: privately held tech firms worth over $1bn that are supposedly strong and world-beating—miraculous almost.” Except they’re not. Many so-called unicorns lack effective business models. In fact, “a dozen unicorns that have listed, or are likely to, posted combined losses of $14bn last year. Their cumulative losses are $47bn.”
Tags: Business models, Investors, Losses, Miraculous, Unicorns, World-beating
Pound Sterling Live (February 15)
“The British Pound is under pressure ahead of the weekend, holding the title of the worst-performing major G10 currency over the course of the past five trading days. Losses come as the government suffered a symbolic defeat…with pro-Brexit MPs voting against a motion tabled by the government.”
Tags: Brexit, Currency, Defeat, G10, Government, Losses, Pound, Trading, UK, Worst-performing
Washington Post (July 30)
“Trump has repeatedly said he would protect American farmers in the trade war, last week setting aside $12 billion to help them, but he is facing pressure to extend aid to other industries…. The U.S. Chamber of Commerce on Monday estimated the total price tag could hit $39 billion if Trump compensated the losses across all industries.” But most “critics of Trump’s trade policy are calling on him to de-escalate the trade war rather than try to bail out the businesses hurt by it.”
Tags: Bail out, Chamber of Commerce, Compensate, De-escalate, Farmers, Industries, Losses, Trade policy, Trade war, Trump, U.S.
LA Times (September 5)
Houston is “the country’s most diverse city. But it is more than an immigrant hub; it’s America’s No. 1 magnet for refugees. And for anyone rocked by Harvey’s life-upending losses, those refugees and their experiences can be a monumental resource.” They provide both perspective and inspiration. Many immigrants “are facing the flood’s ravages alongside their neighbors right now, but they are distinct because every refugee lost everything once before. And then they rebuilt.”
Tags: Diverse, Flood, Harvey, Houston, Immigrant, Inspiration, Losses, Perspective, Ravages, Refugees, Resource
The Economist (November 7)
El Niños’ “weather effects, both good and bad, are felt in many places” but rich countries gain more from mighty Niños, on balance, than they lose.” In contrast, poor countries are the big losers. Poor governments and individuals can seldom afford disaster insurance. “Since the poorest are least likely to recoup their losses from disasters linked to El Niño, minimising their losses needs to be the priority.” As countries like Ethiopia have shown, low cost measures carried out in advance can play a major role in alleviating the devastation that often accompanies El Niño.
Tags: Devastation, Disaster insurance, Disasters, El Niño, Ethiopia, Losses, Poor countries, Priority, Rich countries, Weather
The Economist (March 1)
Businesses can never fully eliminate fraud, but directors and executives must “treat it like any other unavoidable risk, and manage it professionally.” This means listening carefully to whistleblowers. “Three times as many frauds are discovered by tip-offs than by any other method…. Firms with fraud hotlines, which staff can call anonymously, suffer smaller losses from fraud, and cut by seven months the ‘exposure gap’ between the start of an illicit scheme and its discovery.”
Tags: Anonymous, Businesses, Directors, Discovery, Executives, Exposure gap, Fraud, Hotlines, Losses, Risk, Staff, Tip-offs, Whistleblowers
Financial Times (December 4, 2013)
“Beijing, in its dispute with Japan, risks repeating the errors of an earlier era that led to war.” Though war is not inevitable, the risk has risen in a manner eerily reminiscent of how Germany set tinder that ultimately ignited, propelling Europe into the First World War. “One wonders why the Chinese leadership thinks asserting sovereignty over a few rocks worth the risk. Yes, China may get away with it this time and the next, and the time after that. But each throw of the dice renews the risks. What gains can justify the possible losses?” With tension and mistrust rising and “for the sake of the longer-term interests of the Chinese people, Mr Xi should think again – and halt.”“Beijing, in its dispute with Japan, risks repeating the errors of an earlier era that led to war.” Though war is not inevitable, the risk has risen in a manner eerily reminiscent of how Germany set tinder that ultimately ignited, propelling Europe into the First World War. “One wonders why the Chinese leadership thinks asserting sovereignty over a few rocks worth the risk. Yes, China may get away with it this time and the next, and the time after that. But each throw of the dice renews the risks. What gains can justify the possible losses?” With tension and mistrust rising and “for the sake of the longer-term interests of the Chinese people, Mr Xi should think again – and halt.”
Tags: ADIZ, Beijing, China, Europe, Gains, Germany, Interests, Japan, Losses, Mistrust, Risks, Sovereignty, Tension, WWI, Xi
