Articles by Daniel Marsh
IXI ETF Offers Defense but at a Premium Price
IXI's low beta offers shelter from market swings, but a 23.8x earnings multiple means investors are paying a premium for that safety.
UK Mortgage Rates Climb Ahead of BoE Decision; Bank Stocks Show Mixed Signals
UK mortgage rates have climbed to 5.73% as lenders repriced ahead of the BoE's September vote. Banks like NatWest, Lloyds, and HSBC raised rates, but higher coupons may squeeze margins and demand.
Pension Revaluation Eases Teacher Pay Funding Gap in England
England's 3.5% teacher pay award remains unchanged, but a pension revaluation cuts employer costs, helping schools cover the funding gap and easing strike risk.
Canadian Wealth Hits C$19T, But Gains Favor the Rich
Canada's household wealth climbed to C$19.1 trillion in Q2, but the richest 20% own 69% of financial assets, highlighting uneven gains.
Clearlake Capital Assumes Full Control of Chelsea as Boehly Departs
Clearlake Capital takes full control of Chelsea FC by acquiring Boehly's and Walter's stakes. Wyss remains a minority partner. Valuation undisclosed.
Treasury Buyback Success Questioned as 10-Year Yield Tops 5%
Bessent hails $6B buyback as successful, but 10-year yield remains above 5%, raising questions about the program's impact on long-term rates.
Pepsi's Bills Giveaway Is Marketing, Not a Product Launch
PepsiCo's commemorative Buffalo Bills cans are a free stadium giveaway, not a new product launch, with no retail distribution or revenue impact.
Brookfield and CPP Investments Unveil C$50B Maple Fund Framework
Brookfield and CPP Investments have launched the Maple Fund, a C$50B framework for large Canadian projects. No deals approved yet; BAM shares slipped 1.4%.
EA SPORTS FC 27 Web App Debuts; Companion App Arrives Sept. 17
EA SPORTS FC 27 Web App is now live, with the Companion App arriving Sept. 17. Early access is available to eligible returning players, but the full game launch remains critical.