Institutional investors tend to focus heavily on relative strength, as this is essentially how they are evaluated in their performance as money managers! Let’s review three ways to analyze relative strength, what these charts are telling us about sector rotation as we progress through Q4. Relative Strength Trends Show Clear Winners in Q4 I like to group the 11 S&P ...
Neal McCluskey In a bit of a surprise to education watchers, former World Wrestling Entertainment CEO Linda McMahon has been nominated to be the new US Secretary of Education. It comes amidst a renewed push to eliminate the unconstitutional and ineffectual federal Department of Education. Will McMahon tear the place down? That’s the wrong question. The right one points to ...
Researchers at the University of Richmond in Virginia have discovered that rats can be trained to drive miniature cars and appear to enjoy the experience. The study, led by Professor Kelly Lambert, found that not only can rats learn to operate tiny vehicles, but they also exhibit signs of excitement and anticipation when given the opportunity to drive. In the ...
A growing scandal over mis-sold motor finance could leave lenders facing compensation bills of up to £30 billion, according to a warning from leading credit rating agency Moody’s. The estimate is the highest so far and raises concerns that the issue could mirror the payment protection insurance (PPI) debacle, which ultimately cost firms around £50 billion in redress. While major ...
HM Revenue & Customs (HMRC) has nearly doubled the amount paid to individuals providing tip-offs about suspected tax evasion, disbursing almost £1 million (£978,256) in the 2023/24 financial year compared to £508,500 the previous year. The increase comes amid growing pressure to reduce the UK’s £39.8 billion tax gap—the difference between the tax that should be collected and what is ...
Jaguar is set to retire its renowned “growler” logo—the iconic teeth-baring big cat that has adorned its cars for decades—as part of a bold rebranding strategy aimed at attracting younger, wealthier, and more diverse customers. The move comes as the British luxury carmaker shifts its focus towards an all-electric future, with plans to launch three electric models in 2026. While ...
The Technology Secretary, Peter Kyle, has commissioned new research into the impact of social media and smartphone use on children, signalling that the UK may follow Australia’s lead in considering a social media ban for under-16s. Australia is pressing ahead with plans to prohibit social media access for all individuals under 16, regardless of parental consent. Prime Minister Anthony Albanese ...
The House Ethics Committee may meet on Wednesday to discuss its investigation into allegations against now-former Rep. Matt Gaetz one week after President-elect Donald Trump tapped him to be the next attorney general. The meeting comes after a woman reportedly told the Ethics Committee that she had sexual relations with Gaetz when she was 17 years old, according to ABC ...
David French, the conservative New York Times contributor and longtime anti-Trumper, has a provocative take on why the president-elect won. It’s the economy and the border, stupid. ‘I can’t help but think that if the withdrawal from Afghanistan hadn’t been a bloody mess (that’s when President Biden’s approval rating went underwater, and it never came back), if inflation hadn’t spiked ...
Sales of vintage teddy bears have surged dramatically as nostalgia grips the collectibles market ahead of the release of Paddington in Peru next month. Vintage Cash Cow, the UK’s leading marketplace for pre-loved treasures, has reported a remarkable increase in demand for classic Paddington Bear memorabilia. The company notes that sales of these cherished toys have experienced an unprecedented rise, ...