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" ... David Cameron hasn't even set a date for Britain's referendum on continued membership of the EU, but already the BBC is going into corporate convulsions about maintaining impartiality in its coverage. Indeed, some BBC executives have started to wonder aloud if this will be "the BBC's biggest ever political impartiality challenge". ... "
" ... From this perspective it is no wonder that both the stock and bond markets have gone through convulsions in recent days, whipsawing from highs to lows. Unless we believe that the economy is a supersonic fighter jet, to try to break the sound barrier and to try to make asset prices higher through easy money can result, counterintuitively, in a collapse. Empirical analysis based on decades of data shows that when shocks emanate from the equity markets, bond markets are a good diversifier for portfolios. This is the experience that most of us have had for the last three decades. But when shocks begin to emanate from the bond markets, which typically happens due to inflationary fears, diversification does not work as well. One reason is that arithmetically an inflation risk premium increases long term yield expectations, i.e. via steepening of the yield curve, and this is bad for both stocks and bonds. ... "
" ... Quarantine measures enacted to slow the wildfire-like spread of the disease are not insurmountable challenges; buyers and sellers can perform most aspects of a transaction remotely, experts said. But the crucial process of assessing how much a company is worth has become dramatically more perplexing. Stock market convulsions have clouded company valuations. And, as the pandemic promises to upend whole industries and sectors, scouting the prospects of many companies in a post-COVID-19 world is, at the moment, near impossible. ... "
" ... That’s true to form. Anonymous has often walked what Coleman refers to as the “line between organic support and illusion.” With the latest convulsions of social unrest in the U.S., the group is “riding on the wave of increased visibility to get its message out,” she said. That extends to efforts to subsume millions of K-pop fan accounts into the Anonymous collective. ... "
" ... The convulsions of 2020 marked the beginning of an accelerating transformation. Emerging from our discontent has come a permanent change in our understanding of employee mental health and safety and what our duty of care is to each other. ... "