Mr Joy's round-up – make your play in the Game of Logistics
Time to hit it out of the park… or cop a hospital pass
San Francisco’s Prologis (PLD) reported its full-year numbers yesterday, 17 January, on the eventful day when interest rate expectations may have (at least slightly) changed in the wake of inflationary retail figures in the US. Its shares under-performed a sagging US stock market by almost two percentage points, as might have been expected by the bears.
While neither its decent, trailing financial performance nor guidance were as significant for the value narrative as US Treasury-yield patterns are (10-year again solidly above ...
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