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" ... Asian equities had a mixed day as Hong Kong and Mainland China pulled out small gains while increased tension on the India-China border dampened sentiment. The PMI release didn’t have a large impact on the equity market today, though commodity markets will love the release. Materials stocks were strong on the PMI release and gold’s pick up. What did move the equity market was government policy supporting rural consumers as consumer discretionary stocks in Hong Kong and Mainland China outperformed. Car stocks also helped consumer discretionary stocks, as August auto sales firmed in China. ... "
" ... Blevins continues to engage his team more and more in running the business. Right now, for instance, team members are putting the final touches on the budget for 2016. But a budget is really just a 12-month forecast. So once the numbers are firmed up, they’ll apply the valuation formula to find out what their shares will be worth if they hit their budget targets. And of course they’ll track their progress as part of the weekly meeting. ... "
" ... Buyers in particular have been surprised by the post-lockdown rebound in activity. Prices have firmed up at approximately 10% below their pre-COVID levels. New Yorkers make up most of the buyer pool: three months at home during lockdown made clear to them what they need changed in their living situations. Is it a home office, or outdoor space, or more space? Is it a home within walking distance of work, or of the kids’ schools? Or is it just a better view, or easier access to a park? ... "
" ... One potential pool of buyers for whom performance often outweighs costs: governments. For foreign militaries, the AW609 could offer a discount way to get V-22-caliber response times, though the terms of the sale of the program to Leonardo don’t allow it to sell an armed version. The United Arab Emirates signed a memorandum of understanding in 2015 to acquire three AW609s for search and rescue operations; Leonardo won’t comment on whether the order has been firmed up. ... "
" ... Winged Foot showed it’s teeth on Friday at the 2020 U.S. Open. Only three players broke par - Bryson DeChambeau (-2), Hideki Matsuyama (-1) and Bubba Watson (-1). The Round 2 scoring average Friday was 75.25 - more than 5-shots over par. Players teeing off later had it tougher, as afternoon scores were 1.29 strokes more difficult than the morning. There was more wind, the greens firmed up a bit and the pins were placed in trickier and tougher positions on the green. ... "