Latest news with #Goldilocks'
Yahoo
3 days ago
- Business
- Yahoo
Citi highlights sector opportunities based on recent flows
-- Citi analysts released a "flash update' note based on equity sector flows, highlighting shifting preferences among institutional investors. According to their analysis, long-only managers were net buyers in the last week, primarily acquiring Tech and Consumer Discretionary stocks while divesting from Consumer Staples. The bank added that hedge funds also exhibited net buying activity, increasing exposure to Consumer Discretionary and Consumer Staples but selling Materials, Energy, and Communications. Based on the recent flows, Citi's model is said to favor Real Estate, Communications, and Consumer Discretionary over "Health Care, Financials, and Consumer Staples. 'Long-only managers were sellers in the past two months, selling Health Care, Financials, Consumer Staples, while buying Real Estate, Communications, and Consumer Discretionary,' said Citi. Meanwhile, a broader view of the past month is said to show both long-only and hedge fund managers as overall net sellers, reducing exposure in Financials, Health Care, and Tech but increasing positions in Communications, Industrials, and Materials. Citi's "market-implied regime analysis using our macro-clustering framework suggests that market internals most closely resemble the tech-friendly 'Goldilocks' regime as Tech has continued to outperform." This "Goldilocks" regime is said to indicate a period of stable growth and contained inflation, which is generally favorable for technology stocks. The analysts further explain that "AI trade is making a comeback with the Trump administration's decision to rescind the Framework for Artificial Intelligence Diffusion, supporting Tech sector strength." Citi's framework also shows that relative sector returns over the last month "continue to most closely resemble what is typical in the tech-friendly 'Goldilocks' regime," while the "Tightening Financial Conditions' regime remains the least correlated." Related articles Citi highlights sector opportunities based on recent flows Activist investor Palliser Capital reportedly builds 5% stake in WH Smith Norway's soviergn wealth fund puts TD Bank on watch over crime risk
Times
25-04-2025
- Business
- Times
Rachel Reeves: We'll rip out ‘insane' environment rules that block growth
Rachel Reeves has said the government will 'rip out … absolutely insane' environmental regulations that are preventing wind farms and homes from being built across the UK. The chancellor told a panel hosted by the International Monetary Fund in Washington that green rules were 'well-meaning regulations that come in for the right reason … that end up stopping good things from happening'. 'We have gone too far in regulating for risk and we've forgotten about regulating for growth and we need to turn the pendulum back,' she said. 'Regulation in the UK holds us back and we are ripping that out.' • Rachel Reeves must get it just right in 'Goldilocks' pitch to IMF Reeves said ministers have had to veto investment 'because of sea
Yahoo
15-03-2025
- Business
- Yahoo
$4M grant would help Garde transform New London building into event space
New London — A plan by the Garde Art Center to renovate a former downtown catering hall into a 'Goldilocks' community performance and gathering space took a significant — but not final — leap forward this week. The state Community Investment Fund (CIF) 2030 Board on Tuesday approved a $4 million grant application made by the city for the Garde's plan to renovate Mercer Community Hall at 10 Meridian St. into a 5,500-square-foot multipurpose event space. The award, which still requires approval from the state Bond Commission within 60 days, was less than the original $6.6 million sought for a project tentatively estimated to cost nearly $8.4 million. Garde Executive Director Steve Sigel on Thursday said he's scheduled to meet with city officials Monday to discuss next steps, including whether to embark on a phased construction timeline, or wait until another round of CIF grants is applied for and awarded. 'We don't want to start the work and then have to shut down for a year,' Sigel said. 'But we also don't want to delay and see costs for the work go up.' The project, years in the planning, calls for transforming the hall's first floor into an arts and community support venue which could accommodate performances, fundraising events, youth engagement gatherings and gallery shows. The Garde currently boasts two venues: the 1,500-seat main theater on State Street and the smaller Oasis Room located on the property's second floor. Jeanne Sigel, the Garde's marketing and development director, said a renovated Mercer hall would fall somewhere in-between the existing venues. 'It's like 'Goldilocks and the Three Bears,' she said. 'The Oasis is too small for some performances and our historic theater is too big and is constantly booked. Mercer would be just right for certain bookings, from improv groups and smaller troupes.' Steve Sigel said possible uses for the hall, with its high ceilings and planned adaptive stage and lighting, extend beyond entertainment. He said the space is ideal for renting out for weddings, bar mitzvahs and other events and fits into the Garde's mission of being a community partner. 'We want to dig deeper into that work, especially in engaging young people through our partnership with the Youth Engagement Partnership group and employment training programs,' he said. Steve Sigel, who called the project 'shovel ready,' said the Mercer hall work is one part of a larger plan to eventually renovate the building's upper floors into office and community space. The CIF commission on Tuesday also approved a $2 million grant to relocate Planned Parenthood of Southern New England from its current location on Franklin Street to 467 Ocean Ave. The money would help pay to renovate and expand the former Falvey car dealership property. State Sen. Martha Marx, D-New London, said the new location is expected to serve more than 5,500 people annually and reduce the number of patients traveling to other Planned Parenthood locations in the area.
