Investors are losing their ability to resist a stock rally that much of Wall Street is convinced is doomed. More than $12.6 billion has been sent to equity exchange-traded funds (ETFs) in April, the largest influx since January and more than twice the rate of February and March. Money is pouring into stocks as fast as it's being yanked out of cash: ultra-short duration ETFs are on track for their first monthly outflow since January, data compiled by Bloomberg shows. Spigots are turning back on at a time of fairly intense scepticism among the pundit class.

https://www.thenationalnews.com/business/markets/2023/04/23/why-investors-are-pouring-money-into-stock-etfs-at-a-time-when-bearish-warnings-are-up/

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When the Picasso Museum in Paris invited Sir Paul Smith to design the exhibition marking the 50th anniversary of Pablo Picasso's death, it was clearly looking to shake things up. The museum, shifting away from the expected guest expert, instead hand-picked a fashion designer to curate the show. Smith – best known for his colourful creations and rigorous tailoring – inevitably threw the rule book out of the window. How fitting, then, that the show itself is called Picasso Celebration: The collection in a new light.

https://www.thenationalnews.com/lifestyle/luxury/2023/05/23/sir-paul-smith-on-reimaging-the-work-of-picasso-for-the-modern-day/

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