Accessibility helpSkip to navigationSkip to contentSkip to footer

Cookies on FT Sites

We use cookies for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.

Accept & continue
Manage cookies
  • Sign In
  • Subscribe
Open side navigation menuOpen search bar
Financial Times
SubscribeSign InmyFT
  • Home
  • World
    Sections
    • World Home
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
    Most Read
    • Boris Johnson on the brink after Rishi Sunak and Sajid Javid quit UK cabinet
    • Nadhim Zahawi: rapid rise of Britain’s new chancellor
    • Crypto collapse reverberates widely among black American investors
    • The truth starts to catch up with Boris Johnson
    • Military briefing: how close is Russia to taking Donbas after the fall of Luhansk?
  • US
    Sections
    • US Home
    • US Economy
    • US Companies
    • US Politics & Policy
    Most Read
    • Crypto collapse reverberates widely among black American investors
    • US bond market flashes warning signal of economic slowdown
    • Oil prices turn sharply lower on fears recession will undercut demand
    • How the man behind the Apple Store presided over a Spac catastrophe
    • Archegos founder’s charity was financial ‘escape pod’, suit alleges
  • Companies
    Sections
    • Companies Home
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
    Most Read
    • Warren Buffett-backed Chinese group BYD overtakes Tesla in global electric vehicle sales
    • BA flight cancellations and refuelling strikes set to bring more travel chaos
    • How the man behind the Apple Store presided over a Spac catastrophe
    • Archegos founder’s charity was financial ‘escape pod’, suit alleges
    • Property set to cool as investors face ‘new paradigm’, Brookfield warns
  • Tech
  • Markets
    Sections
    • Markets Home
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
    Most Read
    • Live news updates: Dollar retains strength and oil edges upwards as recession fears linger
    • US bond market flashes warning signal of economic slowdown
    • ECB’s crisis-fighting scheme risks being tied up in legal and political knots
    • Live news updates from July 5: Johnson on the brink after two top ministers quit, Oil prices tumble on recession fears
    • Foreign investors dump record $33bn of Indian stocks since October
  • Climate
  • Opinion
    Sections
    • Opinion Home
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
    Most Read
    • This is the endgame for Boris Johnson — but it may not be quick
    • Cryptocurrencies are not the new monetary system we need
    • A divided America can still lead the west
    • We must stop sleepwalking towards a surveillance state
    • What to wear to the office when it’s too hot to wear anything
  • Work & Careers
    Sections
    • Work & Careers Home
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
    Most Read
    • Michael Lewis: ‘The thing that really works for Trump is: the system’s rigged’
    • Meet the founders with the boomerang factor
    • British Rail: A New History — a timely reminder of how to run a railway
    • Pop-up leaders and flexible staff are ready for a new crisis
    • Help truly wanted, even if you’ve been in jail
  • Life & Arts
    Sections
    • Life & Arts Home
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
    Most Read
    • Chess: Nepo wins Candidates again as Carlsen asks for new world title format
    • Swimsuits to make a splash in 
    • What to wear to the office when it’s too hot to wear anything
    • Should tenants be able to ask landlords for references?
    • Should you brave fuel queues and blackouts to keep holidaying in Sri Lanka?
  • HTSI
MenuSearch
  • Home
  • World
  • US
  • Companies
  • Tech
  • Markets
  • Climate
  • Opinion
  • Work & Careers
  • Life & Arts
  • HTSI
Financial Times
SubscribeSign In

Your guide to a disrupted world

Start a 4-week trial

Richard Bernstein

Add to myFT Digest

Add this topic to your myFT Digest for news straight to your inbox

  • Tuesday, 10 May, 2022
    Markets InsightUS Inflation
    You are what your real fed funds rate says you are

    Timid US central bank is still very far from hawkish with policy benchmark deep in negative territory after taking into account inflation

  • Wednesday, 6 October, 2021
    Markets InsightMarket bubbles
    Valuation not stories ultimately determines investment returns

    Tremendous liquidity in financial system has led to series of bubbles fed on hype over wondrous trends

  • Wednesday, 24 February, 2021
    Markets InsightUS interest rates
    Fed needs to ignore ‘taper tantrums’ and let longer rates rise

    Central bank should take its cue from a baby sleep training technique

  • Thursday, 12 December, 2019
    News in-depthDe La Rue PLC
    This company can print money but not make it

    After losing UK passport contract, De La Rue is more reliant on exotic currency customers

  • Sunday, 15 April, 2018
    Mergers & Acquisitions
    UK activist investor buys stake in Gloo and says stop spending

    Crystal Amber manager targets acquisition vehicle that has gone 3 years without deal

  • Wednesday, 8 July, 2015
    Property sector
    Crystal Amber ramps up its campaign against Grainger

    Activist fund calls on residential landlord to refinance its debt and seek a takeover

  • Friday, 17 April, 2015
    Fund management
    Battle royale plays out behind the scenes at Pinewood studios

    Activist investment fund Crystal Amber returns to the fray over how key film facility is run

  • Sunday, 12 April, 2015
    UK companies
    Crystal Amber eyes new stake in Pinewood Studios

    Fund to take 4% holding after James Bond studio issues shares to fund expansion

  • Friday, 26 December, 2014
    Currencies
    When to follow the investment herd

    Strong dollar trade is most crowded, but crowd could be right this time

  • Monday, 24 November, 2014
    News in-depthThe Big Read
    Markets: American bulls in charge

    Prospect of higher rates has not deterred US equity investors but there are signs of complacency

  • Wednesday, 25 June, 2014
    Markets InsightDisrupters
    Investors manic for ‘disrupter’ stocks

    But frothy IPOs do not spell equities euphoria

  • Monday, 17 February, 2014
    Markets InsightCurrencies
    Japan shows itself a better growth bet than emerging markets

    Earnings offer promise of Tokyo’s budding competitiveness

  • Wednesday, 23 October, 2013
    Smart MoneyJohn Authers
    Value investors see tech stocks coming of age

    It is time to consign the dotcom bubble to the history books

  • Wednesday, 18 July, 2012
    Markets InsightUS equities
    Don’t trust the political debate on US growth

    Investors should turn off their TVs and focus on fundamentals

  • Friday, 21 October, 2011
    World
    Enterprise zone idea needs to be on America’s front burner
  • Tuesday, 18 October, 2011
    Markets InsightCapital markets
    Turn America into a giant ‘enterprise zone’

    US must start competing in global economy

  • Tuesday, 11 October, 2011
    Energy sector
    Demand for TT Electronics speeds up
  • Wednesday, 27 July, 2011
    FT AlphavilleIzabella Kaminska
    Pink picks
  • Wednesday, 27 April, 2011
    FT AlphavilleIzabella Kaminska
    Pink picks
  • Tuesday, 26 April, 2011
    Currencies
    EM central banks are doing Fed’s dirty work

    US will benefit when emerging markets cool their inflation

  • Monday, 3 January, 2011
    Retail & Consumer industry
    JJB Sports likely to seek £50m cash injection
  • Friday, 24 December, 2010
    UK retail results
    Fundraising forces board changes at JJB
  • Tuesday, 14 September, 2010
    US downturn
    Non-US groups reaped fruits of Bush tax cuts

    Tax reductions failed to improve US economic competitiveness

  • Friday, 30 July, 2010
    PeopleCompanies
    Pinewood action
  • Tuesday, 29 June, 2010
    IPOs
    Pinewood shareholders back board

    Support comes despite investment fund’s criticism of chairman

Previous page You are on page 1 Next page

Useful links

Support

View Site TipsHelp CentreContact UsAbout UsAccessibilitymyFT TourCareers

Legal & Privacy

Terms & ConditionsPrivacy PolicyCookiesCopyrightSlavery Statement & Policies

Services

Share News Tips SecurelyIndividual SubscriptionsGroup SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on TwitterFT ChannelsSecondary Schools

Tools

PortfolioToday's Newspaper (ePaper)Alerts HubBusiness School RankingsEnterprise ToolsNews feedNewslettersCurrency Converter

Community & Events

FT CommunityFT LiveFT ForumsFT Board DirectorBoard Director Programme

More from the FT Group

Markets data delayed by at least 15 minutes. © THE FINANCIAL TIMES LTD 2022. FT and ‘Financial Times’ are trademarks of The Financial Times Ltd.
The Financial Times and its journalism are subject to a self-regulation regime under the FT Editorial Code of Practice.
Financial Times

International Edition

Subscribe for full access
  • Switch to UK Edition
  • Top sections
  • Home
  • World
    • Global Economy
    • UK
    • US
    • China
    • Africa
    • Asia Pacific
    • Emerging Markets
    • Europe
    • War in Ukraine
    • Americas
    • Middle East & North Africa
    • Australia & NZ
  • US
    • US Economy
    • US Companies
    • US Politics & Policy
  • Companies
    • Energy
    • Financials
    • Health
    • Industrials
    • Media
    • Professional Services
    • Retail & Consumer
    • Tech Sector
    • Telecoms
    • Transport
  • Tech
  • Markets
    • Alphaville
    • Markets Data
    • Capital Markets
    • Commodities
    • Currencies
    • Equities
    • Fund Management
    • Trading
    • Moral Money
    • ETF Hub
    • Cryptocurrencies
  • Climate
  • Opinion
    • Columnists
    • The FT View
    • The Big Read
    • Lex
    • Obituaries
    • Letters
  • Work & Careers
    • Business School Rankings
    • Business Education
    • Entrepreneurship
    • Recruitment
    • Business Books
    • Business Travel
  • Life & Arts
    • Arts
    • Books
    • Food & Drink
    • FT Magazine
    • House & Home
    • Style
    • Travel
    • FT Globetrotter
  • Personal Finance
    • Property & Mortgages
    • Investments
    • Pensions
    • Tax
    • Banking & Savings
    • Advice & Comment
    • Next Act
  • HTSI
  • Special Reports
  • FT recommends
  • Lex
  • Alphaville
  • Lunch with the FT
  • FT Globetrotter
  • #techAsia
  • Moral Money
  • FTfm
  • Newsletters
  • Video
  • Podcasts
  • News feed
  • FT Community
    • FT Live
    • FT Forums
    • Board Director Programme
  • myFT
  • Portfolio
  • Today's Newspaper (ePaper)
  • Crossword
  • Our Apps
  • Help Centre
  • Subscribe
  • Sign In